Consensus Tencent Music Entertainment Group

Equities

TME

US88034P1093

Internet Services

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12.50 ^USD	-5.02%		+1.63%	+38.73%

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Evolution of the Average Target: Tencent Music Entertainment Group

average-target-price-chart TENCENT-MUSIC-ENTERTAINME

Evolution of the Target Price: Tencent Music Entertainment Group

target-price-consensus-chart TENCENT-MUSIC-ENTERTAINME

Changes in Analyst Recommendations: Tencent Music Entertainment Group

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Analysts' recommendations: Tencent Music Entertainment Group

Barclays Initiates Coverage on Tencent Music Entertainment Group With Overweight Rating, $16 Price Target	11-06	MT
Bernstein Initiates Tencent Music Entertainment at Outperform With $14 Price Target	11-04	MT
Morgan Stanley Downgrades Tencent Music to Equalweight From Overweight, Cuts Price Target to $13 From $15	09-25	MT
Morgan Stanley Adjusts Tencent Music Entertainment Group's PT to $15 From $19, Keeps Overweight Rating	08-14	MT
Daiwa Securities Downgrades Tencent Music Entertainment to Neutral From Buy, Cuts Price Target to $12 From $17	08-13	MT
Citigroup Adjusts Price Target on Tencent Music Entertainment to $18 From $13, Keeps Buy Rating	05-14	MT
Daiwa Securities Raises Price Target on Tencent Music Entertainment to $15.30 From $12.50, Maintains Buy Rating	05-14	MT
HSBC Adjusts Price Target on Tencent Music Entertainment to $15.50 From $10.40, Keeps Hold Rating	05-14	MT
Jefferies Adjusts Price Target on Tencent Music Entertainment to $15.40 From $12, Maintains Buy Rating	05-14	MT
Goldman Sachs Adjusts Price Target on Tencent Music Entertainment to $16 From $14, Keeps Buy Rating	05-14	MT
Benchmark Adjusts Price Target on Tencent Music Entertainment to $19 From $14, Keeps Buy Rating	05-14	MT
Mizuho Securities Raises Price Target on Tencent Music Entertainment to $17 From $15, Keeps Buy Rating	05-14	MT
Morgan Stanley Raises Price Target on Tencent Music Entertainment Group to $19 From $13.50, Keeps Overweight Rating	05-13	MT
Mizuho Securities Raises Tencent Music Entertainment's Price Target to $15 From $13, Keeps Buy Rating	05-10	MT
Sector Update: Tech	03-22	MT
Tencent Music Entertainment's Shares Rise Following Upgrades From Citigroup, Goldman	03-20	MT
New Street Raises Tencent Music Entertainment Price Target to $13 From $9, Maintains Buy Rating	03-20	MT
Morgan Stanley Adjusts Price Target on Tencent Music Entertainment to $13.50 From $11, Keeps Overweight Rating	03-20	MT
Goldman Sachs Upgrades Tencent Music Entertainment to Buy From Neutral, Raises Price Target to $14 From $11.20	03-20	MT
HSBC Adjusts Price Target on Tencent Music Entertainment to $10.40 From $9.50, Maintains Hold Rating	03-20	MT
Mizuho Adjusts Price Target on Tencent Music Entertainment to $13 From $12, Maintains Buy Rating	03-20	MT
Benchmark Adjusts Tencent Music Entertainment Group's Price Target to $14 From $9, Maintains Buy Rating	03-20	MT
Citigroup Upgrades Tencent Music Entertainment Group to Buy From Neutral, Adjusts Price Target to $13 From $9	03-20	MT
Redburn Atlantic Starts Tencent Music Entertainment with Buy Rating, $12 Price Target	02-05	MT
UBS Upgrades Tencent Music Entertainment to Buy From Neutral	01-24	MT

More recommendations

Sector Comparison:

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Analyst Opinion	4m Revision of opinion	Divergence of analysts' opinions	Divergence of Target Price	Ecart obj. / dr
	TENCENT MUSIC ENTERTAINMENT GROUP					+16.30%
	TENCENT HOLDINGS LIMITED					+25.22%
	NETFLIX, INC.					-12.21%
	UBER TECHNOLOGIES, INC.					+38.63%
	PROSUS N.V.					+21.81%
	SPOTIFY TECHNOLOGY S.A.					+0.99%
	AIRBNB, INC.					-0.63%
	DOORDASH, INC.					+0.63%
	NASPERS LIMITED					+28.57%
	COSTAR GROUP, INC.					+18.26%
	Average					+13.76%
	Weighted average by Cap.					+11.71%

See all sector consensus

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

90.66CNY

Average target price

105.44CNY

Spread / Average Target

+16.30%

High Price Target

124.18CNY

Spread / Highest target

+36.97%

Low Price Target

86.80CNY

Spread / Lowest Target

-4.26%

Analyst Consensus Detail

consensus-detail-chart TENCENT-MUSIC-ENTERTAINME

Consensus revision (last 18 months)

consensus-revision-chart TENCENT-MUSIC-ENTERTAINME

Analysts covering the company

Barclays
Bernstein
Morgan Stanley
Citigroup
Daiwa Securities
HSBC
Jefferies & Co.
Goldman Sachs
Benchmark Company
Mizuho Securities
New Street
Redburn
UBS
JPMorgan Chase
BofA Securities
Macquarie
China Renaissance
Morningstar
Benchmark Capital
BOCOM International
Loop Capital
Needham & Co.
Deutsche Bank Securities
Arete
Oppenheimer
Stifel Nicolaus