Millicom International Cellular SA Analyst Ratings

TIGONASDAQ
$84.41
-4.52-5.08%
At close: Jun 18, 5:00 PM EST
$84.70
0.290.34%
After Hours: Jun 18, 5:12 PM EST
Consensus Rating1
Buy
Highest Price Target1
$100.00
Lowest Price Target1
$17.00
Consensus Price Target1
$51.80

Millicom Intl Cellular Analyst Ratings and Price Targets | NASDAQ:TIGO | Benzinga

Millicom International Cellular SA has a consensus price target of $51.8 based on the ratings of 8 analysts. The high is $100 issued by JP Morgan on May 20, 2026. The low is $17 issued by HSBC on October 20, 2023. The 3 most-recent analyst ratings were released by Scotiabank, JP Morgan, and Scotiabank on May 27, 2026, May 20, 2026, and March 30, 2026, respectively. With an average price target of $67.87 between Scotiabank, JP Morgan, and Scotiabank, there's an implied -19.87% downside for Millicom International Cellular SA from these most-recent analyst ratings.

Analyst Trends and Forecast

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Jan
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Feb
1
Mar
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May
Buy
Hold
Sell
Strong Sell

Analyst Rating and Forecast

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2.3
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Scotiabank
JP Morgan
HSBC
UBS
Barclays

1calculated from analyst ratings

Analyst Ratings for Millicom Intl Cellular

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FAQ

Q

What is the target price for Millicom Intl Cellular (TIGO) stock?

A

The latest price target for Millicom Intl Cellular (NASDAQ:TIGO) was reported by Scotiabank on May 27, 2026. The analyst firm set a price target for $52.40 expecting TIGO to fall to within 12 months (a possible -38.13% downside). 12 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Millicom Intl Cellular (TIGO)?

A

The latest analyst rating for Millicom Intl Cellular (NASDAQ:TIGO) was provided by Scotiabank, and Millicom Intl Cellular maintained their sector underperform rating.

Q

When was the last upgrade for Millicom Intl Cellular (TIGO)?

A

The last upgrade for Millicom International Cellular SA happened on March 6, 2026 when HSBC raised their price target to $89. HSBC previously had a hold for Millicom International Cellular SA.

Q

When was the last downgrade for Millicom Intl Cellular (TIGO)?

A

The last downgrade for Millicom International Cellular SA happened on February 11, 2026 when Scotiabank changed their price target from $46.8 to $43 for Millicom International Cellular SA.

Q

When is the next analyst rating going to be posted or updated for Millicom Intl Cellular (TIGO)?

A

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 May 27, 2026 so you should expect the next rating to be made available sometime around May 27, 2027.

Q

Is the Analyst Rating Millicom Intl Cellular (TIGO) correct?

A

While ratings are subjective and will change, the latest Millicom Intl Cellular (TIGO) rating was a maintained with a price target of $51.20 to $52.40. The current price Millicom Intl Cellular (TIGO) is trading at is $84.70, which is out of the analyst’s predicted range.