Millicom International Cellular (NASDAQ:TIGO – Get Rating) had its price target trimmed by Scotiabank from $36.10 to $26.30 in a research note issued to investors on Thursday morning, The Fly reports.
Separately, JPMorgan Chase & Co. upgraded shares of Millicom International Cellular from a neutral rating to an overweight rating in a research report on Thursday, March 31st.
Shares of Millicom International Cellular stock opened at $17.02 on Thursday. The firm has a fifty day moving average of $24.13 and a two-hundred day moving average of $26.90. The stock has a market capitalization of $1.73 billion, a price-to-earnings ratio of 2.98 and a beta of 0.83. Millicom International Cellular has a 52 week low of $16.64 and a 52 week high of $46.18. The company has a debt-to-equity ratio of 2.47, a quick ratio of 0.52 and a current ratio of 0.54.
About Millicom International Cellular (Get Rating)
Millicom International Cellular SA 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.
- Get a free copy of the StockNews.com research report on Millicom International Cellular (TIGO)
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