NASDAQ:TIGO - Millicom International Cellular Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $37.15
  • Forecasted Upside: 111.20 %
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$17.59
▼ -0.58 (-3.19%)

This chart shows the closing price for TIGO by one month, three months, or twelve months.

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Analyst Price Target for TIGO

Analyst Price Target is $37.15
▲ +111.20% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Millicom International Cellular in the last 3 months. The average price target is $37.15, with a high forecast of $0.00 and a low forecast of $0.00. The average price target represents a 111.20% upside from the last price of $17.59.

This chart shows the closing price for TIGO for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 3 contributing investment analysts is to buy stock in Millicom International Cellular. This rating has held steady since March 2022, when it changed from a Hold consensus rating.

Past Monthly Recommendations

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Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/4/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/4/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 1 sell ratings
6/2/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 1 sell ratings
8/31/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 1 sell ratings
11/29/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 1 sell ratings
2/27/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/28/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/28/2022

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/19/2022ScotiabankLower Price Target$36.10 ➝ $26.30High
3/31/2022JPMorgan Chase & Co.UpgradeNeutral ➝ OverweightHigh
3/8/2022ScotiabankUpgradeSector Perform ➝ Sector Outperform$35.90 ➝ $32.90High
11/16/2021New Street ResearchUpgradeNeutral ➝ Buy$48.00High
5/17/2021ScotiabankReiterated RatingOutperform ➝ Sector Perform$44.00N/A
5/11/2021ScotiabankDowngradeSector Outperform ➝ Sector Perform$44.00Low
4/16/2021Morgan StanleyDowngradeEqual Weight ➝ UnderweightMedium
2/12/2021SEB Equity ResearchInitiated CoverageBuyLow
2/12/2021SEB EquitiesInitiated CoverageBuyLow
2/2/2021The Goldman Sachs GroupInitiated CoverageNeutral$42.00Low
10/15/2020BarclaysReiterated RatingOverweightLow
7/13/2020JPMorgan Chase & Co.Reiterated RatingNeutralLow
4/6/2020New Street ResearchDowngradeBuy ➝ Neutral$49.00Low
3/12/2020ScotiabankUpgradeSector Perform ➝ Outperform$41.00High
10/15/2019Bank of AmericaLower Price TargetBuy$83.00 ➝ $76.00High
9/19/2019HSBCUpgradeHold ➝ BuyMedium
4/26/2019BarclaysUpgradeEqual Weight ➝ OverweightLow
7/6/2018Bank of AmericaUpgradeNeutral ➝ BuyMedium
6/13/2018Morgan StanleyUpgradeEqual Weight ➝ OverweightLow
4/9/2018JPMorgan Chase & Co.Initiated CoverageUnderweightLow
(Data available from 5/28/2017 forward)

News Sentiment Rating

0.62 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/30/2021
  • 2 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/29/2021
  • 2 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/29/2021
  • 2 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/28/2022
  • 2 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/27/2022
  • 1 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/29/2022
  • 2 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/28/2022
  • 7 very positive mentions
  • 8 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
5/28/2022

Current Sentiment

  • 7 very positive mentions
  • 8 positive mentions
  • 4 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.
Millicom International Cellular logo
Millicom International Cellular S.A. provides cable and mobile services in Latin America and Africa. The company offers mobile services, including mobile data and voice; short message service; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance. It also provides cable and other fixed services, including broadband, content, fixed voice, and pay-TV to residential consumers; and fixed, managed services, cloud and security solutions, and value-added services to small, medium, and large businesses, as well as governmental entities. As of December 31, 2021, the company served 44.9 million mobile customers; and 12.7 million cable homes. It markets its products and services under Tigo and Tigo Business brands. The company was founded in 1990 and is headquartered in Luxembourg.
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Today's Range

Now: $17.59
Low: $17.07
High: $17.85

50 Day Range

MA: $23.46
Low: $17.02
High: $27.67

52 Week Range

Now: $17.59
Low: $16.34
High: $44.96

Volume

221,928 shs

Average Volume

114,796 shs

Market Capitalization

$1.79 billion

P/E Ratio

3.08

Dividend Yield

N/A

Beta

0.83

Frequently Asked Questions

What sell-side analysts currently cover shares of Millicom International Cellular?

The following Wall Street sell-side analysts have issued reports on Millicom International Cellular in the last year: JPMorgan Chase & Co., New Street Research, and Scotiabank.
View the latest analyst ratings for TIGO.

What is the current price target for Millicom International Cellular?

0 Wall Street analysts have set twelve-month price targets for Millicom International Cellular in the last year. Their average twelve-month price target is $37.15, suggesting a possible upside of 111.2%.
View the latest price targets for TIGO.

What is the current consensus analyst rating for Millicom International Cellular?

Millicom International Cellular currently has 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe TIGO will outperform the market and that investors should add to their positions of Millicom International Cellular.
View the latest ratings for TIGO.

How do I contact Millicom International Cellular's investor relations team?

Millicom International Cellular's physical mailing address is 2 Rue du Fort Bourbon, Luxembourg N4, L-1249. The technology company's listed phone number is (522) 775-9021 and its investor relations email address is [email protected] The official website for Millicom International Cellular is www.millicom.com. Learn More about contacing Millicom International Cellular investor relations.