TME - Tencent Music Entertainment Group

Communication Services - Sector
Coverage Rating Distribution Performance Price Targets & Ratings Chart

TME is currently covered by 15 analysts with average potential upside of $3.4 (26.64%) backed by 35 price targets and 71 ratings. Documented since 07-Jan-2019. Analyst's average stock valuation to be materialised ratio is 55.13% with an average time for price targets to be met of 152.47 days.

Most recent stock forecast was given by FAWNE JIANG from BENCHMARK on 22-Mar-2023.

Highest price target for TME is 19, Lowest price target is 3, average price target is 11.

Currently, out of the existing stock ratings of TME - 15 which are a Buy (38.46%), 21 which are a Hold (53.85%), 3 which are a Sell (7.69%)

Analyst name

Rating

Current price target

Potential distance

Previous price target

Date

Price targets met ratio

Average potential upside

Average time for PT to be met

Performance score

Buy

11

$3.34 (43.60%)

7

3 days ago

1/2 (50%)

$2.78 (43.02%)

14

Buy

8

1 months 23 days ago

3/6 (50%)

$4.72 (43.33%)

99

Hold

8

$0.34 (4.44%)

5

2 months 16 days ago

2/2 (100%)

$0.11 (7.10%)

43

Hold

8.5

$0.84 (10.97%)

7

3 months 24 days ago

3/5 (60%)

$3.75 (32.68%)

52

Hold

8

10 months 8 days ago

1/2 (50%)

$4.75 (37.83%)

6

Show more analysts

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

On average it took 152.47 days on average for the stock forecasts to be realized with a an average price target met ratio 55.13

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

ROB SANDERSON