FN2 Earnings Intelligence

Millicom International Cellular S.A. complete analyst coverage

Millicom International Cellular S.A. (TIGO) analyst consensus, price targets, and firm-level rating history from FN2 Research.

Analyst Consensus ?

ConsensusHold11 ratings
Bullish327.3%
Neutral763.6%
Bearish19.1%

Analyst 52W Price Targets

$81.74Current
$43Low
$77.01Average
$105High

Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Nov 6, 2026. Not an FN2 forecast.

Firm-level rating actions

FMP grade actions identify the grading firm, not a named analyst.

FirmRatingPrior ratingActionDate
JP Morgan Neutral OverweightDowngradeAug 18, 2026
Scotiabank Sector Underperform Sector UnderperformMaintainAug 7, 2026
UBS Neutral NeutralMaintainJul 14, 2026
HSBC Buy HoldUpgradeMar 6, 2026
Barclays Equal Weight Equal WeightMaintainApr 3, 2025
New Street Research Neutral BuyDowngradeJul 28, 2023
Goldman Sachs Neutral NeutralMaintainAug 26, 2022
Bank of America Buy BuyMaintainOct 15, 2019
B of A Securities Buy BuyMaintainOct 15, 2019
Natixis Neutral BuyDowngradeApr 22, 2015
RBC Capital Perform Sector PerformMaintainJan 8, 2015
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Named analyst price targets

Upside is calculated against the persisted current price $81.74. FMP does not supply a rating on these named-analyst rows.

FirmAnalyst52W targetPrice when postedUpsideDate
Morgan StanleyAnalyst unavailable$94$88.75 +15.0%Aug 20, 2026
RBC CapitalAnalyst unavailable$105$94.26 +28.5%Aug 18, 2026
ScotiabankAndres Coello$60.1$99.93 -26.5%Aug 7, 2026
UBSLeonardo Olmos$100$98.44 +22.3%Jul 14, 2026
ScotiabankAndres Coello$52.4$85.46 -35.9%May 27, 2026
UBSLeonardo Olmos$90$85.84 +10.1%May 24, 2026
HSBCPhani Kanumuri$89$69.47 +8.9%Mar 6, 2026
Morgan StanleyCesar Medina$55$70.84 -32.7%Feb 26, 2026
ScotiabankAnalyst unavailable$43$65.69 -47.4%Feb 11, 2026
UBSAnalyst unavailable$70$52.6 -14.4%Jan 15, 2026
UBSLeonardo Olmos$39.5$36.06 -51.7%May 16, 2025
ScotiabankAndres Coello$37.3$27.59 -54.4%Sep 20, 2024
UBSLeonardo Olmos$33$25.74 -59.6%Aug 15, 2024
ScotiabankAndres Coello$30$22.94 -63.3%Jun 21, 2024
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