$19.72
-0.36[-1.79%]
At close: Apr 15
$19.72
0[0.00%]
After Hours: 4:00PM EDT
Millicom Intl Cellular
(NASDAQ:TIGO)Millicom Intl Cellular Stock (NASDAQ:TIGO), Analyst Ratings, Price Targets, Predictions
Millicom International Cellular SA has a consensus price target of $21.01, established from looking at the 16 latest analyst ratings. The last 3 analyst ratings were released from HSBC, JP Morgan, and Scotiabank on April 11, 2024, March 28, 2024, and February 28, 2024. With an average price target of $16.7 between HSBC, JP Morgan, and Scotiabank, there's an implied -15.31% downside for Millicom International Cellular SA from these 3 analyst ratings.
Analyst Firms Making Recommendations1
HSBC
JP Morgan
Scotiabank
HSBC
New Street Research
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Millicom Intl Cellular
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/11/2024 | TIGO | Buy Now | Millicom Intl Cellular | $19.72 | 21.7% | HSBC | Phani Kanumuri | $22.5 → $24 | Maintains | Buy | Get Alert |
| 03/28/2024 | TIGO | Buy Now | Millicom Intl Cellular | $19.72 | — | JP Morgan | Marcelo Santos | — | Upgrade | Neutral → Overweight | Get Alert |
| 02/28/2024 | TIGO | Buy Now | Millicom Intl Cellular | $19.72 | 32.35% | Scotiabank | Andres Coello | $18 → $26.1 | Maintains | Sector Outperform | Get Alert |
| 02/28/2024 | TIGO | Buy Now | Millicom Intl Cellular | $19.72 | 14.1% | HSBC | Phani Kanumuri | → $22.5 | Upgrade | Hold → Buy | Get Alert |
| 10/20/2023 | TIGO | Buy Now | Millicom Intl Cellular | $19.72 | -13.79% | HSBC | Madhvendra Singh | $20 → $17 | Downgrade | Buy → Hold | Get Alert |
| 07/28/2023 | TIGO | Buy Now | Millicom Intl Cellular | $19.72 | -8.72% | New Street Research | Soomit Datta | $19 → $18 | Downgrade | Buy → Neutral | Get Alert |
| 06/29/2023 | TIGO | Buy Now | Millicom Intl Cellular | $19.72 | -9.23% | Scotiabank | Andres Coello | $20.4 → $17.9 | Maintains | Sector Outperform | Get Alert |
| 01/17/2023 | TIGO | Buy Now | Millicom Intl Cellular | $19.72 | -13.79% | UBS | Leonardo Olmos | $16.5 → $17 | Upgrade | Neutral → Buy | Get Alert |
| 11/14/2022 | TIGO | Buy Now | Millicom Intl Cellular | $19.72 | — | HSBC | Phani Kanumuri | — | Upgrade | Reduce → Hold | Get Alert |
| 08/29/2022 | TIGO | Buy Now | Millicom Intl Cellular | $19.72 | -16.33% | UBS | Leonardo Olmos | → $16.5 | Initiates | → Neutral | Get Alert |
| 08/26/2022 | TIGO | Buy Now | Millicom Intl Cellular | $19.72 | -8.72% | Goldman Sachs | Diego Aragao | $29.05 → $18 | Maintains | Neutral | Get Alert |
| 05/19/2022 | TIGO | Buy Now | Millicom Intl Cellular | $19.72 | 33.37% | Scotiabank | Andres Coello | $36.1 → $26.3 | Maintains | Outperform | Get Alert |
| 03/31/2022 | TIGO | Buy Now | Millicom Intl Cellular | $19.72 | — | JP Morgan | Marcelo Santos | — | Upgrade | Neutral → Overweight | Get Alert |
| 03/08/2022 | TIGO | Buy Now | Millicom Intl Cellular | $19.72 | 66.84% | Scotiabank | Andres Coello | $35.9 → $32.9 | Upgrade | Sector Perform → Sector Outperform | Get Alert |
| 11/16/2021 | TIGO | Buy Now | Millicom Intl Cellular | $19.72 | 143.41% | New Street Research | — | — | Upgrade | Neutral → Buy | Get Alert |
| 05/11/2021 | TIGO | Buy Now | Millicom Intl Cellular | $19.72 | 123.12% | Scotiabank | Andres Coello | — | Downgrade | Outperform → Sector Perform | Get Alert |
FAQ
What is the target price for Millicom Intl Cellular (TIGO)?
The latest price target for Millicom Intl Cellular (NASDAQ: TIGO) was reported by HSBC on April 11, 2024. The analyst firm set a price target for $24.00 expecting TIGO to rise to within 12 months (a possible 21.70% upside). 7 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Millicom Intl Cellular (TIGO)?
The latest analyst rating for Millicom Intl Cellular (NASDAQ: TIGO) was provided by HSBC, and Millicom Intl Cellular maintained their buy rating.
When was the last upgrade for Millicom Intl Cellular (TIGO)?
The last upgrade for Millicom International Cellular SA happened on March 28, 2024 when JP Morgan raised their price target to N/A. JP Morgan previously had a neutral for Millicom International Cellular SA.
When was the last downgrade for Millicom Intl Cellular (TIGO)?
The last downgrade for Millicom International Cellular SA happened on October 20, 2023 when HSBC changed their price target from $20 to $17 for Millicom International Cellular SA.
When is the next analyst rating going to be posted or updated for Millicom Intl Cellular (TIGO)?
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 April 11, 2024 so you should expect the next rating to be made available sometime around April 11, 2025.
Is the Analyst Rating Millicom Intl Cellular (TIGO) correct?
While ratings are subjective and will change, the latest Millicom Intl Cellular (TIGO) rating was a maintained with a price target of $22.50 to $24.00. The current price Millicom Intl Cellular (TIGO) is trading at is $19.72, which is out of the analyst’s predicted range.
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