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Millicom International Cellular SA (USA) (NASDAQ:MIICF) has been upgraded to Hold in a report by Zacks Investment Research today.

Boasting a price of $52.55, Millicom International Cellular SA (USA) (NASDAQ:MIICF) traded -0.91% lower on the day. With the last stock price close down -5.65% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Millicom International Cellular SA (USA) has recorded a 50-day average of $53.16 and a two hundred day average of $55.70. Volume of trade was down over the average, with 8,670 shares of MIICF changing hands under the typical 11,056

Zacks Investment Research has upgraded Millicom International Cellular SA (USA) (NASDAQ:MIICF) to Hold in a statement released on 09/27/2016.

Recent Performance Chart

Millicom International Cellular SA (USA) (NASDAQ:MIICF)

Millicom International Cellular SA (USA) has 52 week low of $39.80 and a 52 week high of $65.74 and has a market capitalization of $0.

In addition to Zacks Investment Research reporting its target price, a total of 2 analysts have released a report on Millicom International Cellular SA (USA). The 12-month target is $75.06 with one brokerage rating the company a strong buy, three firms rating the stock a buy, 0 brokers rating the stock a hold, zero equity analysts rating the company a underperform, and lastly zero brokerages rating the company a sell.

General Company Details For Millicom International Cellular SA (USA) (NASDAQ:MIICF)

Millicom International Cellular S.A. is an international telecommunications and media company providing digital lifestyle services through mobile and fixed telephony, cable, broadband and investments in online businesses in Latin America and Africa. The Company's segments are Central America, South America, Latin America and Africa. The Company focuses on three core businesses: Mobile, Cable and Digital Media, and Mobile Financial Services (MFS). The Company operates its mobile businesses in Central America (El Salvador, Guatemala and Honduras), in South America (Bolivia, Colombia and Paraguay), and in Africa (Chad, the Democratic Republic of Congo (DRC), Ghana, Rwanda, Senegal and Tanzania). In addition to mobile voice and short messaging service, the Company offers mobile data and digital services. The Company offers home services, which include fixed-line, voice, broadband, Pay television (TV) services, and creates and sells premium cable television content.

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