Millicom International Cellular SA has a consensus price target of $21.5, established from looking at the 16 latest analyst ratings. The last 3 analyst ratings were released from Scotiabank, HSBC, and Scotiabank on June 21, 2024, April 11, 2024, and February 28, 2024. With an average price target of $26.7 between Scotiabank, HSBC, and Scotiabank, there's an implied 8.76% upside for Millicom International Cellular SA from these 3 analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
---|---|---|---|---|---|---|---|---|
06/21/2024 | Buy Now | 22.2% | Scotiabank | Andres Coello | $26.8 → $30 | Maintains | Sector Outperform | Get Alert |
04/11/2024 | Buy Now | -2.24% | HSBC | Phani Kanumuri | $22.5 → $24 | Maintains | Buy | Get Alert |
03/28/2024 | Buy Now | — | JP Morgan | Marcelo Santos | — | Upgrade | Neutral → Overweight | Get Alert |
02/28/2024 | Buy Now | 6.31% | Scotiabank | Andres Coello | $18 → $26.1 | Maintains | Sector Outperform | Get Alert |
02/28/2024 | Buy Now | -8.35% | HSBC | Phani Kanumuri | → $22.5 | Upgrade | Hold → Buy | Get Alert |
10/20/2023 | Buy Now | -30.75% | HSBC | Madhvendra Singh | $20 → $17 | Downgrade | Buy → Hold | Get Alert |
07/28/2023 | Buy Now | -26.68% | New Street Research | Soomit Datta | $19 → $18 | Downgrade | Buy → Neutral | Get Alert |
06/29/2023 | Buy Now | -27.09% | Scotiabank | Andres Coello | $20.4 → $17.9 | Maintains | Sector Outperform | Get Alert |
01/17/2023 | Buy Now | -30.75% | UBS | Leonardo Olmos | $16.5 → $17 | Upgrade | Neutral → Buy | Get Alert |
11/14/2022 | Buy Now | — | HSBC | Phani Kanumuri | — | Upgrade | Reduce → Hold | Get Alert |
08/29/2022 | Buy Now | -32.79% | UBS | Leonardo Olmos | → $16.5 | Initiates | → Neutral | Get Alert |
08/26/2022 | Buy Now | -26.68% | Goldman Sachs | Diego Aragao | $29.05 → $18 | Maintains | Neutral | Get Alert |
05/19/2022 | Buy Now | 7.13% | Scotiabank | Andres Coello | $36.1 → $26.3 | Maintains | Outperform | Get Alert |
03/31/2022 | Buy Now | — | JP Morgan | Marcelo Santos | — | Upgrade | Neutral → Overweight | Get Alert |
03/08/2022 | Buy Now | 34.01% | Scotiabank | Andres Coello | $35.9 → $32.9 | Upgrade | Sector Perform → Sector Outperform | Get Alert |
11/16/2021 | Buy Now | 95.52% | New Street Research | — | — | Upgrade | Neutral → Buy | Get Alert |
The latest price target for Millicom Intl Cellular (NASDAQ:TIGO) was reported by Scotiabank on June 21, 2024. The analyst firm set a price target for $30.00 expecting TIGO to rise to within 12 months (a possible 23.71% upside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for Millicom Intl Cellular (NASDAQ:TIGO) was provided by Scotiabank, and Millicom Intl Cellular maintained their sector outperform rating.
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.
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.
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 June 21, 2024 so you should expect the next rating to be made available sometime around June 21, 2025.
While ratings are subjective and will change, the latest Millicom Intl Cellular (TIGO) rating was a maintained with a price target of $26.80 to $30.00. The current price Millicom Intl Cellular (TIGO) is trading at is $24.25, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.