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.
Current Consensus is
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.
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.