tm
Seeing Is Believing
tm
Seeing Is Believing
Communication Services - Sector
TME is currently covered by 14 analysts with an average price target of $14.35. This is a potential upside of $2.63 (22.44%) from yesterday's end of day stock price of $11.72.
Tencent Music Entertainment Group's activity chart (see below) currently has 74 price targets and 83 ratings on display. The stock rating distribution of TME is 29.73% HOLD, 67.57% BUY and 2.7% SELL.
Analysts average stock forecasts to be materialized ratio is 72.94% with an average time for these price targets to be met of 182.33 days.
Highest price target for TME is $16, Lowest price target is $10.3, average price target is $14.35.
Most recent stock forecast was given by ALEX POON from MORGAN STANLEY on 25-Sep-2024. First documented stock forecast 07-Jan-2019.
Currently out of the existing stock ratings of TME, 11 are a HOLD (29.73%), 25 are a BUY (67.57%), 1 are a SELL (2.7%).
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
$1.28 (10.92%)
$9
3 months 4 days ago
(25-Sep-2024)
5/5 (100%)
$1.72 (15.25%)
110
Buy
$16
$4.28 (36.52%)
$17
4 months 15 days ago
(14-Aug-2024)
4/6 (66.67%)
$4.87 (43.76%)
117
Buy
$15
$3.28 (27.99%)
$19
4 months 15 days ago
(14-Aug-2024)
4/6 (66.67%)
$3.87 (34.77%)
205
Buy
$10.5
$-1.22 (-10.41%)
$7.4
11 months 5 days ago
(24-Jan-2024)
2/2 (100%)
$1.56 (17.45%)
61
Buy
$10.3
$-1.42 (-12.12%)
$9.8
11 months 7 days ago
(22-Jan-2024)
4/6 (66.67%)
$1.88 (22.33%)
201
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)?
