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Millicom International Cellular SA has a consensus price target of $26.38 based on the ratings of 7 analysts. The high is $37.3 issued by Scotiabank on September 20, 2024. The low is $17 issued by HSBC on October 20, 2023. The 3 most-recent analyst ratings were released by Scotiabank, JP Morgan, and UBS on September 20, 2024, September 6, 2024, and August 15, 2024, respectively. With an average price target of $35.1 between Scotiabank, JP Morgan, and UBS, there's an implied 33.21% upside for Millicom International Cellular SA from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Millicom Intl Cellular (NASDAQ:TIGO) was reported by Scotiabank on September 20, 2024. The analyst firm set a price target for $37.30 expecting TIGO to rise to within 12 months (a possible 41.56% upside). 10 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 upgraded their sector outperform rating.
The last upgrade for Millicom International Cellular SA happened on September 20, 2024 when Scotiabank raised their price target to $37.3. Scotiabank previously had a sector perform for Millicom International Cellular SA.
The last downgrade for Millicom International Cellular SA happened on August 7, 2024 when Scotiabank changed their price target from $30 to $30 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 September 20, 2024 so you should expect the next rating to be made available sometime around September 20, 2025.
While ratings are subjective and will change, the latest Millicom Intl Cellular (TIGO) rating was a upgraded with a price target of $30.00 to $37.30. The current price Millicom Intl Cellular (TIGO) is trading at is $26.35, which is out of the analyst’s predicted range.
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