Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Millicom International Cellular SA has a consensus price target of $26.05 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 JP Morgan, Scotiabank, and JP Morgan on January 16, 2025, September 20, 2024, and September 6, 2024, respectively. With an average price target of $35.1 between JP Morgan, Scotiabank, and JP Morgan, there's an implied 25.49% 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 JP Morgan on January 16, 2025. The analyst firm set a price target for $33.00 expecting TIGO to rise to within 12 months (a possible 17.98% upside). 11 analyst firms have reported ratings in the last year.
The latest analyst rating for Millicom Intl Cellular (NASDAQ:TIGO) was provided by JP Morgan, and Millicom Intl Cellular maintained their overweight 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 January 16, 2025 so you should expect the next rating to be made available sometime around January 16, 2026.
While ratings are subjective and will change, the latest Millicom Intl Cellular (TIGO) rating was a maintained with a price target of $36.00 to $33.00. The current price Millicom Intl Cellular (TIGO) is trading at is $27.97, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.