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Millicom International Cellular (TIGO) Stock Forecast & Price Target

Millicom International Cellular logo
$26.91 +0.26 (+0.98%)
Closing price 04:00 PM Eastern
Extended Trading
$26.92 +0.01 (+0.04%)
As of 07:53 PM Eastern
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Millicom International Cellular - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
1
Buy
6

Based on 7 Wall Street analysts who have issued ratings for Millicom International Cellular in the last 12 months, the stock has a consensus rating of "Buy." Out of the 7 analysts, 1 has given a hold rating, 5 have given a buy rating, and 1 has given a strong buy rating for TIGO.

Consensus Price Target

$32.22
19.72% Upside
According to the 7 analysts' twelve-month price targets for Millicom International Cellular, the average price target is $32.22. The highest price target for TIGO is $37.30, while the lowest price target for TIGO is $24.00. The average price target represents a forecasted upside of 19.72% from the current price of $26.91.
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TIGO Analyst Ratings Over Time

TypeCurrent Forecast
2/22/24 to 2/21/25
1 Month Ago
1/23/24 to 1/22/25
3 Months Ago
11/24/23 to 11/23/24
1 Year Ago
2/22/23 to 2/22/24
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
5 Buy rating(s)
5 Buy rating(s)
1 Buy rating(s)
Hold
1 Hold rating(s)
0 Hold rating(s)
2 Hold rating(s)
4 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$32.22$32.26$30.66$17.63
Forecasted Upside19.72% Upside16.13% Upside16.14% Upside10.21% Upside
Consensus Rating
Buy
Buy
Moderate Buy
Hold

TIGO Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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TIGO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Millicom International Cellular Stock vs. The Competition

TypeMillicom International CellularComputer and Technology CompaniesS&P 500
Consensus Rating Score
3.00
2.68
2.53
Consensus RatingBuyModerate BuyModerate Buy
Predicted Upside19.56% Upside55.43% Upside13.97% Upside
News Sentiment Rating
Positive News

See Recent TIGO News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
1/29/2025Morgan Stanley
3 of 5 stars
Cesar Medina
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Initiated CoverageEqual Weight$32.00+15.94%
1/22/2025Hsbc Global Res
0 of 5 stars
P. Kanumuri
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UpgradeHold ➝ Strong-Buy
1/22/2025HSBC
3 of 5 stars
 UpgradeHold ➝ Buy$34.00+23.86%
1/16/2025JPMorgan Chase & Co.
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Marcelo Santos
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Lower TargetOverweight ➝ Overweight$36.00 ➝ $33.00+23.23%
9/20/2024Scotiabank
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A. Coello
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UpgradeSector Perform ➝ Sector Outperform$30.00 ➝ $37.30+36.18%
8/15/2024UBS Group
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L. Olmos
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UpgradeNeutral ➝ Buy$25.00 ➝ $33.00+30.43%
2/29/2024New Street Research
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 UpgradeNeutral ➝ Buy$20.00 ➝ $24.00+32.60%
5/30/2023Barclays
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 DowngradeOverweight ➝ Equal Weight

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 11:11 PM ET.


TIGO Forecast - Frequently Asked Questions

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Millicom International Cellular is $32.22, with a high forecast of $37.30 and a low forecast of $24.00.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Millicom International Cellular in the last twelve months. There is currently 1 hold rating, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" TIGO shares.

According to analysts, Millicom International Cellular's stock has a predicted upside of 19.72% based on their 12-month stock forecasts.

Over the previous 90 days, Millicom International Cellular's stock had 2 upgrades by analysts.

Millicom International Cellular has been rated by research analysts at Hsbc Global Res, HSBC, JPMorgan Chase & Co., and Morgan Stanley in the past 90 days.

Analysts like Millicom International Cellular more than other "computer and technology" companies. The consensus rating for Millicom International Cellular is Buy while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how TIGO compares to other companies.


This page (NASDAQ:TIGO) was last updated on 2/21/2025 by MarketBeat.com Staff
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