What is HSBC's price target for TIGO?

HSBC's latest stated price target for Millicom International Cellular S.A. (TIGO) is $89, from its action on Mar 6, 2026.

What is HSBC's rating on TIGO?

HSBC rates TIGO Buy, a bullish rating, as of Mar 6, 2026.

When did HSBC last change its view on TIGO?

On Mar 6, 2026, HSBC upgrades to Buy from Hold, price target $89.

Analyst firms · HSBC · TIGO

HSBC TIGO price target and rating history

Millicom International Cellular S.A. (TIGO) · Telecommunications

HSBC rates Millicom International Cellular S.A. (TIGO) Buy with a $89 price target, as of its latest action on Mar 6, 2026. It has published 7 rating actions on TIGO since August 2022, including 4 upgrades and 2 downgrades. Across 3 firms with a TIGO price target in the last 12 months, the median target is $89. HSBC's target matches it.

Current rating: Buy
Price target: $89
Median target, all firms: $89
Actions on TIGO: 7

HSBC price target on TIGO

HSBC price target on TIGO, each point a stated target, August 2022 to March 2026.

Every HSBC rating on TIGO

Mar 6, 2026
UpgradeHSBC upgrades to Buy from Hold, price target $89
Jan 22, 2025
UpgradeHSBC upgrades to Buy from Hold, price target $34
Jul 2, 2024
DowngradeHSBC downgrades to Hold from Buy
Feb 28, 2024
UpgradeHSBC upgrades to Buy from Hold
Oct 20, 2023
DowngradeHSBC downgrades to Hold from Buy, price target $20 to $17
Nov 14, 2022
UpgradeHSBC upgrades to Hold from Reduce
Aug 22, 2022
ResumeHSBC resumes coverage at Reduce, price target $14

How other firms rate TIGO

Each firm's latest rating and stated target in the last 12 months.

Firm	Rating	Price target	Date
UBS	Neutral	$90	May 26, 2026
HSBC	Buy	$89	Mar 6, 2026
Scotiabank	Sector Underperform	$43	Feb 11, 2026

Questions about HSBC and TIGO

What is HSBC's price target for TIGO?: HSBC's latest stated price target for Millicom International Cellular S.A. (TIGO) is $89, from its action on Mar 6, 2026.
What is HSBC's rating on TIGO?: HSBC rates TIGO Buy, a bullish rating, as of Mar 6, 2026.
When did HSBC last change its view on TIGO?: On Mar 6, 2026, HSBC upgrades to Buy from Hold, price target $89.
How does HSBC's TIGO target compare with other analysts?: Across 3 firms with a TIGO price target in the last 12 months, the median target is $89. HSBC's target matches it.

More TIGO rating histories

All HSBC ratings TIGO news and filings Every analyst firm

From rating actions in the Quantisnow feed. A target holds until the firm states a new one; a reiteration with no target keeps the last one. Not investment advice.