Millicom International Cellular SA has a consensus price target of $21.01, established from looking at the 16 latest analyst ratings. The last 3 analyst ratings were released from HSBC, JP Morgan, and Scotiabank on April 11, 2024, March 28, 2024, and February 28, 2024. With an average price target of $16.7 between HSBC, JP Morgan, and Scotiabank, there's an implied -26.91% downside for Millicom International Cellular SA from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
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The latest price target for Millicom Intl Cellular (NASDAQ: TIGO) was reported by HSBC on April 11, 2024. The analyst firm set a price target for $24.00 expecting TIGO to rise to within 12 months (a possible 5.03% upside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for Millicom Intl Cellular (NASDAQ: TIGO) was provided by HSBC, and Millicom Intl Cellular maintained their buy 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 April 11, 2024 so you should expect the next rating to be made available sometime around April 11, 2025.
While ratings are subjective and will change, the latest Millicom Intl Cellular (TIGO) rating was a maintained with a price target of $22.50 to $24.00. The current price Millicom Intl Cellular (TIGO) is trading at is $22.85, which is within the analyst’s predicted range.
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