BackMillicom International Cellular S.A. Overview
Millicom International Cellular S.A.

Millicom International Cellular S.A. Target Price

Where could TIGO trade next? Consensus target price: $84.

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Share Price

$96.68

Average Target Price

$83.5813.5% downside

6 analysts in the last 4 months

High: $105 | Low: $52.4

Analyst Recommendations

No recommendations in the last 4 months.

Revenue & Income Forecast

Analysts' Target Prices

DateAnalystPrice TargetCurrent Upside/Downside
2026-08-20Morgan Stanley$942.8% downsideOpen
2026-08-18RBC Capital$1058.6% upsideOpen
2026-08-07ScotiabankAndres Coello$60.137.8% downsideOpen
2026-07-14UBSLeonardo Olmos$1003.4% upsideOpen
2026-05-27ScotiabankAndres Coello$52.445.8% downsideOpen
2026-05-24UBSLeonardo Olmos$906.9% downsideOpen
2026-03-06HSBCPhani Kanumuri$897.9% downsideOpen
2026-02-26Morgan StanleyCesar Medina$5543.1% downsideOpen
2026-02-11Scotiabank$4355.5% downsideOpen
2026-01-15UBS$7027.6% downsideOpen
2025-05-16UBSLeonardo Olmos$39.559.1% downsideOpen
2024-09-20ScotiabankAndres Coello$37.361.4% downsideOpen
2024-08-15UBSLeonardo Olmos$3365.9% downsideOpen
2024-06-21ScotiabankAndres Coello$3069% downsideOpen

Millicom International Cellular S.A. (TIGO) FAQ

Millicom International Cellular S.A. posts a target price of $84. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

A target price of $84 for TIGO means covering analysts, on average, see the stock 13.5% downside of $96.68 over about 12 months. Dig into who set the high and low targets and how recently they updated — freshness matters as much as the average itself.

Context for TIGO's target price usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Millicom International Cellular S.A.'s other metric pages and overview cover the third.

Judging Millicom International Cellular S.A. against Telecommunications peers is usually better than using a market-wide rule of thumb. Business models inside Telecommunications are more comparable, which makes gaps in target price easier to interpret. Start with $84 here, then scan peer and history charts to see if the gap is persistent.