Millicom International Cellular - TIGO Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $18.70
  • Forecasted Upside: 38.42 %
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$13.51
▲ +0.09 (0.67%)

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 $18.70
▲ +38.42% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Millicom International Cellular in the last 3 months. The average price target is $18.70, with a high forecast of $26.30 and a low forecast of $14.00. The average price target represents a 38.42% upside from the last price of $13.51.

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 Hold

The current consensus among 5 polled investment analysts is to hold stock in Millicom International Cellular. This rating changed within the last month from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 1 sell ratings
6/8/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 1 sell ratings
9/6/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 1 sell ratings
12/5/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 1 sell ratings
3/5/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/3/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
9/1/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
10/31/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
11/30/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/14/2022HSBCUpgradeReduce ➝ HoldLow
8/29/2022UBS GroupInitiated CoverageNeutral$16.50Low
8/26/2022The Goldman Sachs GroupLower TargetNeutral$29.05 ➝ $18.00Low
8/22/2022HSBCReiterated RatingReduce$14.00Low
5/19/2022ScotiabankLower 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 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 11/30/2017 forward)

News Sentiment Rating

0.49 (Hold)

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
  • 4 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/4/2022
  • 6 very positive mentions
  • 6 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
6/3/2022
  • 6 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/3/2022
  • 7 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/2/2022
  • 5 very positive mentions
  • 3 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
9/1/2022
  • 5 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/1/2022
  • 3 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/31/2022
  • 5 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 2 very negative mentions
11/30/2022

Current Sentiment

  • 5 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 2 very negative mentions

Recent Stories by Sentiment

Negative

  • No 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: $13.51
Low: $13.27
High: $13.54

50 Day Range

MA: $12.13
Low: $10.56
High: $13.95

52 Week Range

Now: $13.51
Low: $10.22
High: $32.07

Volume

1,832 shs

Average Volume

160,557 shs

Market Capitalization

$1.37 billion

P/E Ratio

1.78

Dividend Yield

N/A

Beta

0.93

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: HSBC Holdings plc, JPMorgan Chase & Co., Scotiabank, The Goldman Sachs Group, Inc., and UBS Group AG.
View the latest analyst ratings for TIGO.

What is the current price target for Millicom International Cellular?

4 Wall Street analysts have set twelve-month price targets for Millicom International Cellular in the last year. Their average twelve-month price target is $18.70, suggesting a possible upside of 39.3%. Scotiabank has the highest price target set, predicting TIGO will reach $26.30 in the next twelve months. HSBC Holdings plc has the lowest price target set, forecasting a price of $14.00 for Millicom International Cellular in the next year.
View the latest price targets for TIGO.

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

Millicom International Cellular currently has 3 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in TIGO, but not buy more shares or sell existing shares.
View the latest ratings for TIGO.

What other companies compete with Millicom International Cellular?

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.