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Zacks Investment Research downgraded Millicom International Cellular SA (USA) (NASDAQ:MIICF) to Strong Sell in a report released today.

Zacks Investment Research has downgraded Millicom International Cellular SA (USA)(NASDAQ:MIICF) to Strong Sell in a report released on 9/13/2016.

Having a price of $51.05, Millicom International Cellular SA (USA) (NASDAQ:MIICF) traded 0.91% higher on the day. With the last stock price close down 7.82% relative to the two hundred day average, compared to the S&P 500 which has decreased -0.01% over the date range. MIICF has logged a 50-day average of $53.54 and two hundred day moving average of $55.61. 1,697 shares of MIICF were exchanged, down from ann avg. trading volume of 11,638

Recent Performance Chart:

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

With a total market value of $0.0, Millicom International Cellular SA (USA) has a 52 week low of $39.80 and a 52 week high of $65.74 with a price-earnings ratio of 0.

Also covering Millicom International Cellular SA (USA)’s stock price target, a total of 2 analysts have reported on MIICF. The consensus target price is $75.06 with one analyst rating the company a strong buy, three firms rating the stock a buy, 0 firms rating the stock a hold, 0 rating the stock to underperform, and finally 0 firmsrating the stock as sell.

More About 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 and creates and sells premium cable television content.

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