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Millicom Intl Cellular Analyst Ratings

Benzinga ·  Jul 28, 2023 19:41
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
07/28/2023 16.05% New Street Research $19 → $18 Downgrades Buy → Neutral
06/29/2023 15.41% Scotiabank $20.4 → $17.9 Maintains Sector Outperform
01/17/2023 9.61% UBS $16.5 → $17 Upgrades Neutral → Buy
11/14/2022 HSBC Upgrades Reduce → Hold
08/29/2022 6.38% UBS → $16.5 Initiates Coverage On → Neutral
08/26/2022 16.05% Goldman Sachs $29.05 → $18 Maintains Neutral
05/19/2022 69.57% Scotiabank $36.1 → $26.3 Maintains Outperform
03/31/2022 JP Morgan Upgrades Neutral → Overweight
03/08/2022 112.12% Scotiabank $35.9 → $32.9 Upgrades Sector Perform → Sector Outperform
11/16/2021 209.48% New Street Research → $48 Upgrades Neutral → Buy
05/11/2021 183.69% Scotiabank → $44 Downgrades Outperform → Sector Perform
02/03/2021 170.79% Goldman Sachs → $42 Initiates Coverage On → Neutral
10/15/2019 390.01% B of A Securities $83 → $76 Maintains Buy
09/19/2019 HSBC Upgrades Hold → Buy
04/26/2019 Barclays Upgrades Equal-Weight → Overweight

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

The latest price target for Millicom Intl Cellular (NASDAQ: TIGO) was reported by New Street Research on July 28, 2023. The analyst firm set a price target for $18.00 expecting TIGO to rise to within 12 months (a possible 16.05% upside). 6 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 New Street Research, and Millicom Intl Cellular downgraded their neutral rating.

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 July 28, 2023 so you should expect the next rating to be made available sometime around July 28, 2024.

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 downgraded with a price target of $19.00 to $18.00. The current price Millicom Intl Cellular (TIGO) is trading at is $15.51, which is out of the analyst's predicted range.

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