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Millicom International Cellular S.A.

TIGONASDAQCommunication ServicesTelecom Services

$78.33Today:- (-)1Y +68.42%

As of Oct 26, 2026 close

Market cap
$13.16B
P/E (TTM)
19.79
Forward P/E
28.86
Dividend yield
5.32%
52-week range
$44.88$107.13
Volume (live)
-
Avg. volume (3M)
936.44K

Millicom International Cellular S.A. (TIGO) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for Millicom International Cellular S.A. stock.

Analyst Consensus Rating

Investment consensus from 5 professional research analysts

Consensus Rating

Buy
Based on 5 unique analysts
(6 total ratings in last 90 days)
Medium Confidence2.0:1 Buy/Sell

Average Price Target

$86.37
+8.21% upside

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Strong Sell
Sell
Hold
Buy
Strong Buy

Latest TIGO Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Supriyo Bose
Zacks Equity Research
BuyInitiates Coverage
-
Zacks Equity Research
Zacks Equity Research
BuyInitiates Coverage
-
Cesar Medina
Morgan Stanley
HoldMaintains
$80.00 → $94.00
Marcelo Santos
JP Morgan
HoldDowngrades
$100.00 → $105.00
Andres Coello
Scotiabank
SellReiterates
$52.40 → $60.10
Zacks Equity Research
Zacks Equity Research
HoldInitiates Coverage
-

Source: Professional analyst ratings and price targets from the last 90 days. Data as of Oct 15, 2026. Data sources and methodology

Frequently Asked Questions

What is the analyst consensus rating for TIGO?

The analyst consensus rating for TIGO is Buy, based on the latest ratings from 5 analysts over the last 90 days.

What is the average price target for TIGO?

The average 12-month price target for TIGO is $86.37, representing an upside of 8.2% from the Oct 27, 2026 close of $79.82.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.