Evolution of the Average Target: Tencent Music Entertainment Group

Evolution of the Target Price: Tencent Music Entertainment Group

Changes in Analyst Recommendations: Tencent Music Entertainment Group

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11-14 Nomura Adjusts Tencent Music Entertainment Price Target to $26 From $30, Maintains Buy Rating MT
08-13 Nomura Adjusts PT on Tencent Music Entertainment to $30 From $21.50, Maintains Buy Rating MT
08-12 Daiwa Securities Upgrades Tencent Music Entertainment Group to Outperform From Hold, $27 Price Target MT
07-10 Tencent Music delivers 7th consecutive quarter of sales growth Zonebourse
06-12 Nomura Raises Price Target on Tencent Music Entertainment Group to $21.50 From $17.20, Keeps Buy Rating MT
04-08 Nomura Initiates Tencent Music Entertainment Group at Buy With $17.20 Price Target MT
03-26 Deutsche Bank Upgrades Tencent Music Entertainment Group to Buy From Hold MT
01-21 Morgan Stanley Upgrades Tencent Music Entertainment to Overweight From Equalweight MT
12-27 86Research Upgrades Tencent Music Entertainment to Buy, Price Target is $14 MT
11-06 Barclays Initiates Coverage on Tencent Music Entertainment Group With Overweight Rating, $16 Price Target MT
11-04 Bernstein Initiates Tencent Music Entertainment at Outperform With $14 Price Target MT
24-09-25 Morgan Stanley Downgrades Tencent Music to Equalweight From Overweight, Cuts Price Target to $13 From $15 MT
24-08-14 Morgan Stanley Adjusts Tencent Music Entertainment Group's PT to $15 From $19, Keeps Overweight Rating MT
24-08-13 Daiwa Securities Downgrades Tencent Music Entertainment to Neutral From Buy, Cuts Price Target to $12 From $17 MT
24-07-05 Jefferies Keeps Tencent Music's Q2 Total Revenue, Non-IFRS Earnings Estimates MT
24-05-14 Citigroup Adjusts Price Target on Tencent Music Entertainment to $18 From $13, Keeps Buy Rating MT
24-05-14 Daiwa Securities Raises Price Target on Tencent Music Entertainment to $15.30 From $12.50, Maintains Buy Rating MT
24-05-14 HSBC Adjusts Price Target on Tencent Music Entertainment to $15.50 From $10.40, Keeps Hold Rating MT
24-05-14 Jefferies Adjusts Price Target on Tencent Music Entertainment to $15.40 From $12, Maintains Buy Rating MT
24-05-14 Goldman Sachs Adjusts Price Target on Tencent Music Entertainment to $16 From $14, Keeps Buy Rating MT
24-05-14 Benchmark Adjusts Price Target on Tencent Music Entertainment to $19 From $14, Keeps Buy Rating MT
24-05-14 Mizuho Securities Raises Price Target on Tencent Music Entertainment to $17 From $15, Keeps Buy Rating MT
24-05-13 Tencent Music Entertainment Likely Poised to Triple Music Revenue in 2030, Morgan Stanley Says MT
24-05-13 Morgan Stanley Raises Price Target on Tencent Music Entertainment Group to $19 From $13.50, Keeps Overweight Rating MT
24-05-10 Mizuho Securities Raises Tencent Music Entertainment's Price Target to $15 From $13, Keeps Buy Rating MT
More recommendations

Consensus Analysts' recommendations evolution (4 months) Financial estimates divergence Analysts' Target price divergence Objective/dr gap
+49.78%
+23.33%
+35.92%
+36.9%
+30.89%
+31.64%
+21.78%
+5.73%
+44.4%
+39.04%
Average +31.94%
Weighted average by Cap. +29.03%
See all sector consensus

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
32
Last Close Price
125.13CNY
Average target price
188.72CNY
Spread / Average Target
+50.82%
High Price Target
213.45CNY
Spread / Highest target
+70.58%
Low Price Target
154.14CNY
Spread / Lowest Target
+23.19%

Analyst Consensus Detail

Consensus revision (last 18 months)

Analysts covering the company

Nomura
Daiwa Securities
Deutsche Bank Securities
Morgan Stanley
86Research
Barclays
Bernstein
Citigroup
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.
Arete
Oppenheimer
Stifel Nicolaus
Trader
Investor
Global
Quality
ESG MSCI
-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
32
Last Close Price
125.13CNY
Average target price
188.72CNY
Spread / Average Target
+50.82%
Consensus

Quarterly revenue - Rate of surprise

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  4. Consensus Tencent Music Entertainment Group