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Tencent Music Entertainment Group (GB:0A2Z)
LSE:0A2Z
RESEARCH TOOLSreports
Holding GB:0A2Z?
Track your performance easily
See the Price Targets and Ratings of:
0A2Z Analyst Ratings
Strong Buy
8 Buy
2 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
0A2Z Stock 12 Month Forecast
Average Price Target
$14.58
▲(62.00% Upside)
| Highest Price Target$16.20 | Average Price Target$14.58 | Lowest Price Target$13.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Benchmark Co.
Reiterated
11/13/24
CMB International Securities
Reiterated
11/13/24
Barclays
Reiterated
11/13/24
Bank of America Securities
Reiterated
11/13/24
Bernstein
Reiterated
11/13/24
Mizuho Securities
Reiterated
11/12/24
Citi
Reiterated
11/12/24
Macquarie
Reiterated
10/07/24
HSBC
Reiterated
10/03/24
Morgan Stanley
Downgraded
09/25/24
J.P. Morgan
$16
Buy
77.78%
Upside
Reiterated
08/14/24
Analysts Are Bullish on These Communication Services Stocks: Cogent Comms (CCOI), Tencent Music Entertainment Group (TME)
86Research
$12
Hold
33.33%
Upside
Upgraded
08/14/24
86Research upgrades Tencent Music Entertainment Group (TME) to Hold86Research analyst Charlie Chai upgraded Tencent Music Entertainment Group (NYSE: TME) from Sell to Hold with a price target of $12.00.
Daiwa
$12
Hold
33.33%
Upside
Downgraded
08/13/24
Tencent Music downgraded to Neutral from Outperform at DaiwaTencent Music downgraded to Neutral from Outperform at Daiwa
Jefferies
$15.4
Buy
71.11%
Upside
Reiterated
08/13/24
Jefferies reiterates Buy Rating on Tencent Music Entertainment Group (TME)Jefferies analyst Thomas Chong reiterated a Buy rating and $15.40 price target on Tencent Music Entertainment Group (NYSE: TME)
CFRA
$13→$17
Buy
88.89%
Upside
Reiterated
05/14/24
Tencent Music Entertainment Group (TME) PT Raised to $17 at CFRACFRA analyst Ahmad Halim raised the price target on Tencent Music Entertainment Group (NYSE: TME) to $17.00 (from $13.00) while maintaining a Buy rating.
Best Analysts Covering Tencent Music Entertainment Group
Which Analyst Should I Follow If I Want to Buy GB:0A2Z and Sell After:
1 Month
xxx
Success Rate
9/10 ratings generated profit
Average Return
+8.34%
reiterated a xxx
rating 11 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 90.00% of your transactions generating a profit, with an average return of +8.34% per trade.
3 Months
xxx
Success Rate
6/8 ratings generated profit
Average Return
+13.35%
reiterated a xxx
rating 10 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 75.00% of your transactions generating a profit, with an average return of +13.35% per trade.
1 Year
Success Rate
10/11 ratings generated profit
Average Return
+30.65%
reiterated a buy rating 10 days ago
Copying Lei Zhang's trades and holding each position for 1 Year would result in 90.91% of your transactions generating a profit, with an average return of +30.65% per trade.
2 Years
xxx
Success Rate
10/11 ratings generated profit
Average Return
+28.58%
reiterated a xxx
rating 10 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 90.91% of your transactions generating a profit, with an average return of +28.58% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
0A2Z Analyst Recommendation Trends
Rating
May 24
Aug 24
Sep 24
Oct 24
Nov 24
Strong Buy
0
1
1
1
0
Buy
22
18
15
7
10
Hold
1
2
3
4
2
Sell
1
1
1
0
0
Strong Sell
0
0
0
0
0
total
24
22
20
12
12
Each month's total comprises the sum of three months' worth of ratings.
0A2Z Financial Forecast
0A2Z Stock Forecast FAQ
What is GB:0A2Z’s average 12-month price target, according to analysts?
Based on analyst ratings, Tencent Music Entertainment Group’s 12-month average price target is $14.58.
What is GB:0A2Z’s upside potential, based on the analysts’ average price target?
Tencent Music Entertainment Group has 62.00% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is Tencent Music Entertainment Group a Buy, Sell or Hold?
Tencent Music Entertainment Group has a consensus rating of Strong Buy, which is based on 8 buy ratings, 2 hold ratings and 0 sell ratings.
What is Tencent Music Entertainment Group’s share price target?
The average share price target for Tencent Music Entertainment Group is $14.58. This is based on 10 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is $16.20 ,and the lowest forecast is $13.00. The average share price target represents 62.00% Increase from the current price of $9.
The highest analyst share price target is $16.20 ,and the lowest forecast is $13.00. The average share price target represents 62.00% Increase from the current price of $9.
What do analysts say about Tencent Music Entertainment Group?
Tencent Music Entertainment Group’s analyst rating consensus is a Strong Buy. This is based on the ratings of 10 Wall Streets Analysts.
How can I buy shares of Tencent Music Entertainment Group?
To buy shares of GB:0A2Z, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.