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Millicom International Cellular SA Market Cap
From what 8 stock analysts predict, the share price for Millicom International Cellular SA (TIGO) might increase by 33.32% in the next year. This is based on a 12-month average estimation for TIGO. Price targets go from $27 to $37.3. The majority of stock analysts believe TIGO is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
TIGO is a stock in Communication Services which has been forecasted to be worth $33.09012 as an average. On the higher end, the forecast price is $37.3 USD by Andres Coello from Scotiabank and on the lower end TIGO is forecasted to be $27 by from .
These are the latest 20 analyst ratings of TIGO.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Andres Coello Scotiabank | Sector Outperform | $37.3 | Upgrade | Sep 20, 2024 |
| Marcelo Santos JP Morgan | Overweight | $35 | Reinstates | Sep 6, 2024 |
| Leonardo Olmos UBS | Buy | $33 | Upgrade | Aug 15, 2024 |
| Andres Coello Scotiabank | Sector Perform | $30 | Downgrade | Aug 7, 2024 |
| Phani Kanumuri HSBC | Hold | Downgrade | Jul 2, 2024 | |
| Andres Coello Scotiabank | Sector Outperform | $30 | Maintains | Jun 21, 2024 |
| Phani Kanumuri HSBC | Buy | $24 | Maintains | Apr 11, 2024 |
| Marcelo Santos JP Morgan | Overweight | Upgrade | Mar 28, 2024 | |
| Andres Coello Scotiabank | Sector Outperform | $26.1 | Maintains | Feb 28, 2024 |
| Phani Kanumuri HSBC | Buy | $22.5 | Upgrade | Feb 28, 2024 |
| Madhvendra Singh HSBC | Hold | $17 | Downgrade | Oct 20, 2023 |
| Soomit Datta New Street Research | Neutral | $18 | Downgrade | Jul 28, 2023 |
| Andres Coello Scotiabank | Sector Outperform | $17.9 | Maintains | Jun 29, 2023 |
| Leonardo Olmos UBS | Buy | $17 | Upgrade | Jan 17, 2023 |
| Phani Kanumuri HSBC | Hold | Upgrade | Nov 14, 2022 | |
| Leonardo Olmos UBS | Neutral | $16.5 | Initiates | Aug 29, 2022 |
| Diego Aragao Goldman Sachs | Neutral | $18 | Maintains | Aug 26, 2022 |
| Andres Coello Scotiabank | Outperform | $26.3 | Maintains | May 19, 2022 |
JP Morgan | Overweight | Upgrade | Mar 31, 2022 | |
Scotiabank | Sector Outperform | $32.9 | Upgrade | Mar 8, 2022 |
When did it IPO
2011
Staff Count
15,000
Country
Luxembourg
Sector/Industry
Communication Services/Telecom Services
CEO
Mr. Mauricio Ramos Borrero
Market Cap
$4.26B
In 2023, TIGO generated $5.66B in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that TIGO's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Wed, 13 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - On November 7, 2024, Atlas Luxco S. conducted a transaction involving Millicom International Cellular S.A., as notified by a closely associated person of a Director.
Why It Matters - A transaction involving a closely associated person of Millicom's director could indicate insider confidence or strategic moves, potentially influencing stock performance and investor sentiment.
Sat, 09 Nov 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Millicom International Cellular S.A. (NASDAQ:TIGO) will discuss Q3 2024 results on November 7, 2024, at 9:00 AM ET with CEO Marcelo Benitez and CFO Bart Vanhaeren.
Why It Matters - Millicom's Q3 2024 results call will provide insights into its financial performance and strategic direction, influencing stock performance and investor sentiment.
Fri, 08 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - On November 8, 2024, Millicom Director Tomas Eliasson sold 17,269 Swedish Depository Receipts at an average price of SEK 289.19 each.
Why It Matters - A director's sale of shares may signal a lack of confidence in the company's future performance, potentially influencing market perception and stock prices.
Thu, 07 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Millicom (Tigo) announced its Q3 2024 earnings results on November 7, 2024, with details available in their earnings release and interim financial statements.
Why It Matters - Millicom's Q3 2024 earnings release provides insights into its financial health and performance, influencing stock valuations and investment decisions.
Thu, 24 Oct 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Millicom (Tigo) will announce its Q3 2024 results on November 7, 2024, and will host a video conference for investors at 15:00 Stockholm time.
Why It Matters - Millicom's upcoming Q3 2024 results and video conference may influence stock performance, providing insights into financial health and future guidance, impacting investor sentiment and decisions.
Fri, 25 Oct 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Millicom reported strong 2Q24 results with a 20% EBITDA increase and reduced leverage. Key acquisitions in Colombia and a merger in Costa Rica enhance growth but raise risks in volatile Latin American markets.
Why It Matters - Millicom's strong 2Q24 results and growth strategies in volatile markets signal potential high returns, despite geopolitical risks and increased leverage from acquisitions.
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