tm
Seeing Is Believing
tm
Seeing Is Believing
Communication Services - Sector
TME is currently covered by 14 analysts with an average price target of $15.27. This is a potential upside of $2.93 (23.74%) from yesterday's end of day stock price of $12.34.
Tencent Music Entertainment Group's activity chart (see below) currently has 71 price targets and 96 ratings on display. The stock rating distribution of TME is 25% HOLD, 73.08% BUY and 1.92% SELL.
Analysts average stock forecasts to be materialized ratio is 73.22% with an average time for these price targets to be met of 189.79 days.
Highest price target for TME is $16, Lowest price target is $13, average price target is $12.64.
Most recent stock forecast was given by ALEX POON from MORGAN STANLEY on 21-Jan-2025. First documented stock forecast 04-Jan-2019.
Currently out of the existing stock ratings of TME, 13 are a HOLD (25%), 38 are a BUY (73.08%), 1 are a SELL (1.92%).
Analyst name
Rating
Current price target
Potential Upside
Previous price target
Date
Price targets met ratio
Average potential upside
Average Time (Days) For PT To Be Met
Performance score
Buy
$13
$0.81 (6.64%)
$13
1 months 10 days ago
(21-Jan-2025)
7/7 (100%)
$1.9 (17.12%)
93
Buy
$14.5
$2.31 (18.95%)
$7
3 months 19 days ago
(12-Nov-2024)
9/11 (81.82%)
$3.58 (32.78%)
112
Hold
$13.5
$1.31 (10.75%)
$10.4
5 months ago
(03-Oct-2024)
4/4 (100%)
$-0.01 (-0.07%)
112
Buy
$16
$3.81 (31.26%)
6 months 16 days ago
(15-Aug-2024)
3/6 (50%)
$5.03 (45.85%)
368
Buy
$15
$2.81 (23.05%)
$12.3
6 months 17 days ago
(14-Aug-2024)
3/4 (75%)
$3.87 (34.77%)
64
What is TME (Tencent Music Entertainment Group) average time for price targets to be met?
Which analyst has the current highest performing score on TME (Tencent Music Entertainment Group) with a proven track record?
Which analyst has the most public recommendations on TME (Tencent Music Entertainment Group)?
Which analyst is the currently most bullish on TME (Tencent Music Entertainment Group)?
Which analyst is the currently most reserved on TME (Tencent Music Entertainment Group)?
