Seeing Is Believing
TME is currently covered by 14 analysts with an average price target of $15.57. This is a potential upside of $2.82 (22.12%) from yesterday's end of day stock price of $12.75.
Tencent Music Entertainment Group's activity chart (see below) currently has 76 price targets and 97 ratings on display. The stock rating distribution of TME is 76% BUY and 24% HOLD.
Analysts average stock forecasts to be materialized ratio is 74.86% with an average time for these price targets to be met of 191.67 days.
Highest price target for TME is $17, Lowest price target is $13, average price target is $13.69.
Most recent stock forecast was given by WEI FANG from MIZUHO on 19-Mar-2025. First documented stock forecast 04-Jan-2019.
Currently out of the existing stock ratings of TME, 38 are a BUY (76%), 12 are a HOLD (24%).
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
$17
$4.04 (31.17%)
$16
19 days ago
(19-Mar-2025)
5/8 (62.5%)
$2.29 (15.57%)
107
Buy
$13
$0.04 (0.31%)
$13
2 months 17 days ago
(21-Jan-2025)
7/7 (100%)
$1.9 (17.12%)
93
Buy
$14.5
$1.54 (11.88%)
$7
4 months 26 days ago
(12-Nov-2024)
10/11 (90.91%)
$3.58 (32.78%)
114
Hold
$13.5
$0.54 (4.17%)
$10.4
6 months 4 days ago
(03-Oct-2024)
4/4 (100%)
$-0.01 (-0.07%)
112
Buy
$16
$3.04 (23.46%)
7 months 23 days ago
(15-Aug-2024)
3/6 (50%)
$5.03 (45.85%)
368
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)?