▲ +36.86% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Millicom International Cellular in the last 3 months. The average price target is $45.00, with a high forecast of $49.00 and a low forecast of $41.00. The average price target represents a 36.86% upside from the last price of $32.88.
The current consensus among 4 investment analysts is to buy stock in Millicom International Cellular.
Millicom International Cellular S.A. provides cable and mobile services in Latin America and Africa. The company offers mobile services, including mobile data and voice; short message service; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance. It also fixed services, including broadband, fixed voice, and pay-TV to residential consumers; and mobile, fixed, and value-added services to large, small, and medium businesses, as well as governmental entities. As of December 31, 2019, the company served 37.1 million business-to-consumer mobile customers; and 4.3 million connected homes. It markets its products and services under Tigo and Tigo Business brands. The company was founded in 1990 and is headquartered in Luxembourg.