Shares of Millicom International Cellular SA (NASDAQ:MIICF) have been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.

Zacks has also given Millicom International Cellular SA an industry rank of 35 out of 265 based on the ratings given to its competitors.

Separately, Zacks Investment Research downgraded Millicom International Cellular SA from a “hold” rating to a “strong sell” rating in a research note on Saturday, August 5th.

Millicom International Cellular SA (NASDAQ MIICF) opened at 63.53 on Friday. Millicom International Cellular SA has a 52-week low of $38.75 and a 52-week high of $65.31. The company’s market capitalization is $6.39 billion. The stock has a 50 day moving average of $62.00 and a 200-day moving average of $57.61.

Millicom International Cellular SA (NASDAQ:MIICF) last released its earnings results on Wednesday, July 19th. The technology company reported $0.22 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.43 by $0.21. The firm had revenue of $1.05 billion during the quarter. Millicom International Cellular SA had a negative return on equity of 5.10% and a negative net margin of 5.63%. On average, equities research analysts anticipate that Millicom International Cellular SA will post $1.26 earnings per share for the current fiscal year.

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Millicom International Cellular SA Company Profile

Millicom International Cellular SA is an international telecommunications and media company. The Company is engaged in providing digital lifestyle services in various markets, through mobile and fixed telephony, cable, broadband and television. Its segments include Latin America and Africa. It operates its mobile businesses in Central America (El Salvador) and in Africa (Chad, Ghana, Rwanda, Senegal and Tanzania).

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