Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Comments
Loading...
Millicom Intl Cellular Analyst Ratings and Price Targets | NASDAQ:TIGO | Benzinga
Millicom International Cellular SA has a consensus price target of $26.99 based on the ratings of 8 analysts. The high is $37.9 issued by Scotiabank on February 28, 2025. The low is $17 issued by HSBC on October 20, 2023. The 3 most-recent analyst ratings were released by Scotiabank, Morgan Stanley, and JP Morgan on February 28, 2025, January 29, 2025, and January 16, 2025, respectively. With an average price target of $34.3 between Scotiabank, Morgan Stanley, and JP Morgan, there's an implied 14.87% upside for Millicom International Cellular SA from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Scotiabank
Morgan Stanley
JP Morgan
UBS
HSBC
1calculated from analyst ratings
Analyst Ratings for Millicom Intl Cellular
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 02/28/2025 | Buy Now | 26.93% | Scotiabank | Andres Coello69% | $37.3 → $37.9 | Maintains | Sector Outperform | Get Alert |
| 01/29/2025 | Buy Now | 7.17% | Morgan Stanley | Cesar Medina8% | → $32 | Initiates | → Equal-Weight | Get Alert |
| 01/16/2025 | Buy Now | 10.52% | JP Morgan | Marcelo Santos52% | $36 → $33 | Maintains | Overweight | Get Alert |
| 09/20/2024 | Buy Now | 24.92% | Scotiabank | Andres Coello69% | $30 → $37.3 | Upgrade | Sector Perform → Sector Outperform | Get Alert |
| 09/06/2024 | Buy Now | 17.21% | JP Morgan | Marcelo Santos52% | → $35 | Reinstates | → Overweight | Get Alert |
| 08/15/2024 | Buy Now | 10.52% | UBS | Leonardo Olmos39% | $25 → $33 | Upgrade | Neutral → Buy | Get Alert |
| 08/07/2024 | Buy Now | 0.47% | Scotiabank | Andres Coello69% | $30 → $30 | Downgrade | Sector Outperform → Sector Perform | Get Alert |
| 07/02/2024 | Buy Now | — | HSBC | Phani Kanumuri38% | — | Downgrade | Buy → Hold | Get Alert |
| 06/21/2024 | Buy Now | 0.47% | Scotiabank | Andres Coello69% | $26.8 → $30 | Maintains | Sector Outperform | Get Alert |
| 04/11/2024 | Buy Now | -19.62% | HSBC | Phani Kanumuri38% | $22.5 → $24 | Maintains | Buy | Get Alert |
| 03/28/2024 | Buy Now | — | JP Morgan | Marcelo Santos52% | — | Upgrade | Neutral → Overweight | Get Alert |
| 02/28/2024 | Buy Now | -12.59% | Scotiabank | Andres Coello69% | $18 → $26.1 | Maintains | Sector Outperform | Get Alert |
| 02/28/2024 | Buy Now | -24.65% | HSBC | Phani Kanumuri38% | → $22.5 | Upgrade | Hold → Buy | Get Alert |
| 10/20/2023 | Buy Now | -43.07% | HSBC | Madhvendra Singh51% | $20 → $17 | Downgrade | Buy → Hold | Get Alert |
| 07/28/2023 | Buy Now | -39.72% | New Street Research | Soomit Datta45% | $19 → $18 | Downgrade | Buy → Neutral | Get Alert |
| 06/29/2023 | Buy Now | -40.05% | Scotiabank | Andres Coello69% | $20.4 → $17.9 | Maintains | Sector Outperform | Get Alert |
| 01/17/2023 | Buy Now | -43.07% | UBS | Leonardo Olmos39% | $16.5 → $17 | Upgrade | Neutral → Buy | Get Alert |
| 11/14/2022 | Buy Now | — | HSBC | Phani Kanumuri38% | — | Upgrade | Reduce → Hold | Get Alert |
| 08/29/2022 | Buy Now | -44.74% | UBS | Leonardo Olmos39% | → $16.5 | Initiates | → Neutral | Get Alert |
| 08/26/2022 | Buy Now | -39.72% | Goldman Sachs | Diego Aragao38% | $29.05 → $18 | Maintains | Neutral | Get Alert |
| 05/19/2022 | Buy Now | -11.92% | Scotiabank | Andres Coello69% | $36.1 → $26.3 | Maintains | Outperform | Get Alert |
| 03/31/2022 | Buy Now | — | JP Morgan | Marcelo Santos52% | — | Upgrade | Neutral → Overweight | Get Alert |
FAQ
What is the target price for Millicom Intl Cellular (TIGO) stock?
The latest price target for Millicom Intl Cellular (NASDAQ:TIGO) was reported by Scotiabank on February 28, 2025. The analyst firm set a price target for $37.90 expecting TIGO to rise to within 12 months (a possible 26.93% upside). 11 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Millicom Intl Cellular (TIGO)?
The latest analyst rating for Millicom Intl Cellular (NASDAQ:TIGO) was provided by Scotiabank, and Millicom Intl Cellular maintained their sector outperform rating.
When was the last upgrade for Millicom Intl Cellular (TIGO)?
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.
When was the last downgrade for Millicom Intl Cellular (TIGO)?
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.
When is the next analyst rating going to be posted or updated for Millicom Intl Cellular (TIGO)?
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 February 28, 2025 so you should expect the next rating to be made available sometime around February 28, 2026.
Is the Analyst Rating Millicom Intl Cellular (TIGO) correct?
While ratings are subjective and will change, the latest Millicom Intl Cellular (TIGO) rating was a maintained with a price target of $37.30 to $37.90. The current price Millicom Intl Cellular (TIGO) is trading at is $29.86, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.