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Millicom Intl Cellular Analyst Ratings

TIGONASDAQ
Logo brought to you by Benzinga Data
$51.61
0.390.76%
Last update: Dec 12, 1:43 PM
Consensus Rating1
Equal-Weight
Highest Price Target1
$63.00
Lowest Price Target1
$17.00
Consensus Price Target1
$37.40

Millicom Intl Cellular Analyst Ratings and Price Targets | NASDAQ:TIGO | Benzinga

Millicom International Cellular SA has a consensus price target of $37.4 based on the ratings of 8 analysts. The high is $63 issued by JP Morgan on November 17, 2025. The low is $17 issued by HSBC on October 20, 2023. The 3 most-recent analyst ratings were released by JP Morgan, Scotiabank, and UBS on November 17, 2025, November 7, 2025, and September 11, 2025, respectively. With an average price target of $52.93 between JP Morgan, Scotiabank, and UBS, there's an implied 2.56% upside for Millicom International Cellular SA from these most-recent analyst ratings.

Analyst Trends and Forecast

1
Jun
1
Aug
1
Sep
1
Nov
Buy
Hold
Sell
Strong Sell

Analyst Rating and Forecast

12345
1.9
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

JP Morgan
Scotiabank
UBS
Barclays
Morgan Stanley

1calculated from analyst ratings

Analyst Ratings for Millicom Intl Cellular

Get Alert
Nov 17, 2025
22.07%
55
63
Previous
Overweight
Current
Overweight
Get Alert
Nov 7, 2025
-9.32%
46.1
46.8
Previous
Sector Perform
Current
Sector Perform
Get Alert
Sep 11, 2025
-5.06%
39.5
49
Previous
Buy
Current
Neutral
Get Alert
Aug 19, 2025
-10.68%
37
46.1
Previous
Sector Perform
Current
Sector Perform
Get Alert
Aug 14, 2025
6.57%
50
55
Previous
Overweight
Current
Overweight
Get Alert
Jun 27, 2025
-51.56%
18
25
Previous
Neutral
Current
Neutral
Get Alert
Jun 17, 2025
-28.31%
37
Previous
Sector Outperform
Current
Sector Perform
Get Alert
May 27, 2025
-3.12%
41
50
Previous
Overweight
Current
Overweight
Get Alert
May 16, 2025
-23.46%
31.5
39.5
Previous
Buy
Current
Buy
Get Alert
Apr 3, 2025
-30.25%
36
310
Previous
Equal-Weight
Current
Equal-Weight
Get Alert
Apr 3, 2025
-20.56%
33
41
Previous
Overweight
Current
Overweight
Get Alert
Feb 28, 2025
-26.56%
37.3
37.9
Previous
Sector Outperform
Current
Sector Outperform
Get Alert
Jan 29, 2025
-38%
32
Previous
Initiates
Current
Equal-Weight
Get Alert
Jan 16, 2025
-36.06%
33
36
Previous
Overweight
Current
Overweight
Get Alert
Sep 20, 2024
-27.73%
30
37.3
Previous
Sector Perform
Current
Sector Outperform
Get Alert
Sep 6, 2024
-32.18%
35
Previous
Current
Overweight
Get Alert
Aug 15, 2024
-36.06%
25
33
Previous
Neutral
Current
Buy
Get Alert
Aug 7, 2024
-41.87%
30
30
Previous
Sector Outperform
Current
Sector Perform
Get Alert
Jul 2, 2024
—
—
Previous
Buy
Current
Hold
Get Alert
Jun 21, 2024
-41.87%
26.8
30
Previous
Sector Outperform
Current
Sector Outperform
Get Alert
Apr 11, 2024
-53.5%
22.5
24
Previous
Buy
Current
Buy
Get Alert
Mar 28, 2024
—
—
Previous
Neutral
Current
Overweight
Get Alert
Feb 28, 2024
-49.43%
18
26.1
Previous
Sector Outperform
Current
Sector Outperform
Get Alert
Feb 28, 2024
-56.4%
22.5
Previous
Hold
Current
Buy
Get Alert
Oct 20, 2023
-67.06%
17
20
Previous
Buy
Current
Hold
Get Alert
Jul 28, 2023
-65.12%
18
19
Previous
Buy
Current
Neutral
Get Alert
Jun 29, 2023
-65.32%
17.9
20.4
Previous
Sector Outperform
Current
Sector Outperform
Get Alert
Jan 17, 2023
-67.06%
16.5
17
Previous
Neutral
Current
Buy
Get Alert

FAQ

Q

What is the target price for Millicom Intl Cellular (TIGO) stock?

A

The latest price target for Millicom Intl Cellular (NASDAQ:TIGO) was reported by JP Morgan on November 17, 2025. The analyst firm set a price target for $63.00 expecting TIGO to rise to within 12 months (a possible 22.07% upside). 14 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Millicom Intl Cellular (TIGO)?

A

The latest analyst rating for Millicom Intl Cellular (NASDAQ:TIGO) was provided by JP Morgan, and Millicom Intl Cellular maintained their overweight rating.

Q

When was the last upgrade for Millicom Intl Cellular (TIGO)?

A

The last upgrade for Millicom International Cellular SA happened on September 20, 2024 when Scotiabank raised their price target to $37.3. Scotiabank previously had a sector perform for Millicom International Cellular SA.

Q

When was the last downgrade for Millicom Intl Cellular (TIGO)?

A

The last downgrade for Millicom International Cellular SA happened on September 11, 2025 when UBS changed their price target from $39.5 to $49 for Millicom International Cellular SA.

Q

When is the next analyst rating going to be posted or updated for Millicom Intl Cellular (TIGO)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Millicom Intl Cellular, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Millicom Intl Cellular was filed on November 17, 2025 so you should expect the next rating to be made available sometime around November 17, 2026.

Q

Is the Analyst Rating Millicom Intl Cellular (TIGO) correct?

A

While ratings are subjective and will change, the latest Millicom Intl Cellular (TIGO) rating was a maintained with a price target of $55.00 to $63.00. The current price Millicom Intl Cellular (TIGO) is trading at is $51.61, which is out of the analyst’s predicted range.

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