TME - Tencent Music Entertainment Group - Stock Forecast

Communication Services - Sector
Coverage Stock analysts Price Targets & Ratings Chart Insider Trading

TME is currently covered by 14 analysts with an average price target of $13.11. This is a potential upside of $2.67 (25.57%) from yesterday's end of day stock price of $10.44.

Tencent Music Entertainment Group's activity chart (see below) currently has 72 price targets and 82 ratings on display. The stock rating distribution of TME is 5.26% SELL, 31.58% HOLD and 63.16% BUY.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 72.94% with an average time for these price targets to be met of 183.38 days.

Highest price target for TME is $16, Lowest price target is $10.3, average price target is $13.11.

Most recent stock forecast was given by WEI FANG from MIZUHO on 14-Aug-2024. First documented stock forecast 07-Jan-2019.

Currently out of the existing stock ratings of TME, 2 are a SELL (5.26%), 12 are a HOLD (31.58%), 24 are a BUY (63.16%).

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

16

$5.56 (53.26%)

17

17 days ago

4/6 (66.67%)

$4.87 (43.76%)

117

Buy

15

$4.56 (43.68%)

19

17 days ago

4/6 (66.67%)

$3.87 (34.77%)

205

Buy

10.5

$0.06 (0.57%)

7.4

7 months 7 days ago

2/2 (100%)

$1.56 (17.45%)

61

Buy

10.3

$-0.14 (-1.34%)

9.8

7 months 9 days ago

4/6 (66.67%)

$1.88 (22.33%)

201

Hold

4.4

7 months 13 days ago

1/1 (100%)

$0.43 (10.83%)

7

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What is TME (Tencent Music Entertainment Group) average time for price targets to be met?

On average it took 183.38 days on average for the stock forecasts to be realized with a an average price target met ratio 72.94

Which analyst has the current highest performing score on TME (Tencent Music Entertainment Group) with a proven track record?

EDDIE LEUNG

Which analyst has the most public recommendations on TME (Tencent Music Entertainment Group)?

Eddie Leung works at BAML and has 10 price targets and 6 ratings on TME

Which analyst is the currently most bullish on TME (Tencent Music Entertainment Group)?

Binnie Wong with highest potential upside - $27.37

Which analyst is the currently most reserved on TME (Tencent Music Entertainment Group)?

Charlotte Wei with lowest potential downside - -$6.54

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