| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 08/16/2023 | 8.36% | Citigroup | $7.5 → $7 | Maintains | Neutral |
| 07/31/2023 | 16.1% | Citigroup | $9.7 → $7.5 | Downgrades | Buy → Neutral |
| 07/26/2023 | — | JP Morgan | Downgrades | Overweight → Neutral | |
| 07/20/2023 | 14.55% | HSBC | $8.4 → $7.4 | Maintains | Hold |
| 05/18/2023 | 70.28% | Benchmark | → $11 | Reiterates | Buy → Buy |
| 05/18/2023 | 50.15% | Citigroup | $8.2 → $9.7 | Upgrades | Neutral → Buy |
| 05/17/2023 | 70.28% | Mizuho | $10 → $11 | Maintains | Buy |
| 05/17/2023 | 64.09% | China Renaissance | → $10.6 | Upgrades | Hold → Buy |
| 05/17/2023 | 50.15% | Citigroup | → $9.7 | Upgrades | Neutral → Buy |
| 05/17/2023 | 14.55% | Macquarie | $5.1 → $7.4 | Upgrades | Underperform → Neutral |
| 05/17/2023 | 30.03% | HSBC | $7.7 → $8.4 | Maintains | Buy |
| 04/24/2023 | 54.8% | Mizuho | → $10 | Initiates Coverage On | → Buy |
| 03/22/2023 | 70.28% | Benchmark | → $11 | Reiterates | → Buy |
| 01/09/2023 | 23.84% | Goldman Sachs | $5 → $8 | Maintains | Neutral |
| 12/01/2022 | 31.58% | Morgan Stanley | $4.5 → $8.5 | Upgrades | Equal-Weight → Overweight |
| 11/21/2022 | 19.2% | JP Morgan | $4.8 → $7.7 | Upgrades | Neutral → Overweight |
| 11/16/2022 | 8.36% | Benchmark | → $7 | Upgrades | Hold → Buy |
| 02/18/2022 | -11.76% | Goldman Sachs | $7.7 → $5.7 | Downgrades | Neutral → Sell |
| 01/20/2022 | — | China Renaissance | Downgrades | Buy → Hold | |
| 12/28/2021 | — | Benchmark | Initiates Coverage On | → Hold | |
| 11/15/2021 | 39.32% | UBS | $12 → $9 | Downgrades | Buy → Neutral |
| 09/13/2021 | 54.8% | Loop Capital | $17 → $10 | Downgrades | Buy → Hold |
| 08/19/2021 | 39.32% | Deutsche Bank | $22 → $9 | Downgrades | Buy → Hold |
| 08/19/2021 | 178.64% | Needham | $25 → $18 | Maintains | Buy |
| 08/18/2021 | 39.32% | Deutsche Bank | → $9 | Downgrades | Buy → Hold |
| 07/16/2021 | 116.72% | Morgan Stanley | $23 → $14 | Downgrades | Overweight → Equal-Weight |
| 03/23/2021 | 348.92% | China Renaissance | $18 → $29 | Downgrades | Buy → Hold |
| 12/23/2020 | 225.08% | Needham | $17 → $21 | Maintains | Buy |
| 09/24/2020 | 163.16% | Needham | → $17 | Initiates Coverage On | → Buy |
| 07/27/2020 | 167.8% | B of A Securities | $15 → $17.3 | Maintains | Buy |
| 03/18/2020 | 85.76% | UBS | $14.5 → $12 | Maintains | Neutral |
| 03/12/2020 | 147.68% | Morgan Stanley | $15 → $16 | Upgrades | Equal-Weight → Overweight |
| 02/19/2020 | — | Oppenheimer | Downgrades | Outperform → Perform | |
| 02/18/2020 | — | BOCOM International | Downgrades | Neutral → Sell | |
| 02/18/2020 | — | CCB International | Downgrades | Outperform → Neutral | |
| 02/18/2020 | — | Keybanc | Downgrades | Overweight → Sector Weight | |
| 10/18/2019 | 147.68% | New Street Research | → $16 | Initiates Coverage On | → Buy |
| 10/08/2019 | — | China Renaissance | Upgrades | Hold → Buy | |
| 10/02/2019 | 178.64% | Keybanc | $19 → $18 | Maintains | Overweight |
| 08/13/2019 | 178.64% | B of A Securities | $19.2 → $18 | Reiterates | → Buy |
| 08/05/2019 | 161.61% | Jefferies | → $16.9 | Initiates Coverage On | → Buy |
| 07/30/2019 | 178.64% | Oppenheimer | → $18 | Initiates Coverage On | → Outperform |
| 06/04/2019 | — | Loop Capital | Initiates Coverage On | → Buy | |
| 05/13/2019 | — | China Renaissance | Initiates Coverage On | → Hold | |
| 03/20/2019 | — | Credit Suisse | Downgrades | Outperform → Neutral | |
| 03/05/2019 | 211.15% | B of A Securities | $17.1 → $20.1 | Reiterates | Buy → Buy |
| 02/12/2019 | — | Macquarie | Initiates Coverage On | → Outperform | |
| 01/18/2019 | 147.68% | HSBC | → $16 | Initiates Coverage On | → Buy |
| 01/17/2019 | 147.68% | JP Morgan | → $16 | Initiates Coverage On | → Overweight |
| 01/07/2019 | 164.71% | B of A Securities | → $17.1 | Initiates Coverage On | → Buy |
| 01/07/2019 | 194.12% | Keybanc | → $19 | Initiates Coverage On | → Overweight |
What is the target price for Tencent Music Enter Gr (TME)?
The latest price target for Tencent Music Enter Gr (NYSE: TME) was reported by Citigroup on August 16, 2023. The analyst firm set a price target for $7.00 expecting TME to rise to within 12 months (a possible 8.36% upside). 17 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Tencent Music Enter Gr (TME)?
The latest analyst rating for Tencent Music Enter Gr (NYSE: TME) was provided by Citigroup, and Tencent Music Enter Gr maintained their neutral rating.
When is the next analyst rating going to be posted or updated for Tencent Music Enter Gr (TME)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Tencent Music Enter Gr, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Tencent Music Enter Gr was filed on August 16, 2023 so you should expect the next rating to be made available sometime around August 16, 2024.
Is the Analyst Rating Tencent Music Enter Gr (TME) correct?
While ratings are subjective and will change, the latest Tencent Music Enter Gr (TME) rating was a maintained with a price target of $7.50 to $7.00. The current price Tencent Music Enter Gr (TME) is trading at is $6.46, which is out of the analyst's predicted range.