tm
Seeing Is Believing
tm
Seeing Is Believing
Communication Services - Sector
TME is currently covered by 15 analysts with an average price target of $13.68. This is a potential upside of $2.43 (21.6%) from yesterday's end of day stock price of $11.25.
Tencent Music Entertainment Group's activity chart (see below) currently has 68 price targets and 77 ratings on display. The stock rating distribution of TME is 8.57% SELL, 37.14% HOLD and 54.29% BUY.
Analysts average stock forecasts to be materialized ratio is 74.88% with an average time for these price targets to be met of 172 days.
Highest price target for TME is $11.2, Lowest price target is $7, average price target is $13.68.
Most recent stock forecast was given by KENNETH FONG from UBS on 24-Jan-2024. First documented stock forecast 07-Jan-2019.
Currently out of the existing stock ratings of TME, 3 are a SELL (8.57%), 13 are a HOLD (37.14%), 19 are a BUY (54.29%).
Analyst name
Rating
Current price target
Potential distance
Previous price target
Date
Price targets met ratio
Average potential upside
Average Time (Days) For PT To Be Met
Performance score
Buy
10.5
$-1.09 (-9.40%)
7.4
2 months 26 days ago
2/2 (100%)
$1.56 (17.45%)
61
Buy
10.3
$-1.29 (-11.13%)
9.8
2 months 28 days ago
4/6 (66.67%)
$1.88 (22.33%)
201
Hold
4.4
3 months 1 days ago
1/1 (100%)
$0.43 (10.83%)
7
Hold
11.2
$-0.39 (-3.36%)
8
3 months 1 days ago
3/3 (100%)
$2.45 (28.00%)
49
Buy
11
$-0.59 (-5.09%)
10
3 months 2 days ago
3/3 (100%)
$2.29 (26.29%)
154
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)?
