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Tencent Music Enter Gr Analyst Ratings

Benzinga ·  Nov 15, 2023 09:19
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
11/15/2023 15.53% Benchmark → $9 Reiterates Buy → Buy
08/16/2023 12.97% B of A Securities $10 → $8.8 Maintains Buy
08/16/2023 -10.14% Citigroup $7.5 → $7 Maintains Neutral
07/31/2023 -3.72% Citigroup $9.7 → $7.5 Downgrades Buy → Neutral
07/26/2023 JP Morgan Downgrades Overweight → Neutral
07/20/2023 -5.01% HSBC $8.4 → $7.4 Maintains Hold
05/18/2023 41.21% Benchmark → $11 Reiterates Buy → Buy
05/18/2023 24.52% Citigroup $8.2 → $9.7 Upgrades Neutral → Buy
05/17/2023 41.21% Mizuho $10 → $11 Maintains Buy
05/17/2023 36.07% China Renaissance → $10.6 Upgrades Hold → Buy
05/17/2023 24.52% Citigroup → $9.7 Upgrades Neutral → Buy
05/17/2023 -5.01% Macquarie $5.1 → $7.4 Upgrades Underperform → Neutral
05/17/2023 7.83% HSBC $7.7 → $8.4 Maintains Buy
04/24/2023 28.37% Mizuho → $10 Initiates Coverage On → Buy
03/22/2023 41.21% Benchmark → $11 Reiterates → Buy
01/09/2023 2.7% Goldman Sachs $5 → $8 Maintains Neutral
12/01/2022 9.11% Morgan Stanley $4.5 → $8.5 Upgrades Equal-Weight → Overweight
11/21/2022 -1.16% JP Morgan $4.8 → $7.7 Upgrades Neutral → Overweight
11/16/2022 -10.14% Benchmark → $7 Upgrades Hold → Buy
02/18/2022 -26.83% 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 15.53% UBS $12 → $9 Downgrades Buy → Neutral
09/13/2021 28.37% Loop Capital $17 → $10 Downgrades Buy → Hold
08/19/2021 15.53% Deutsche Bank $22 → $9 Downgrades Buy → Hold
08/19/2021 131.07% Needham $25 → $18 Maintains Buy
08/18/2021 15.53% Deutsche Bank → $9 Downgrades Buy → Hold
07/16/2021 79.72% Morgan Stanley $23 → $14 Downgrades Overweight → Equal-Weight
03/23/2021 272.27% China Renaissance $18 → $29 Downgrades Buy → Hold
12/23/2020 169.58% Needham $17 → $21 Maintains Buy
09/24/2020 118.23% Needham → $17 Initiates Coverage On → Buy
07/27/2020 122.08% B of A Securities $15 → $17.3 Maintains Buy
03/18/2020 54.04% UBS $14.5 → $12 Maintains Neutral
03/12/2020 105.39% 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 105.39% New Street Research → $16 Initiates Coverage On → Buy
10/08/2019 China Renaissance Upgrades Hold → Buy
10/02/2019 131.07% Keybanc $19 → $18 Maintains Overweight
08/13/2019 131.07% B of A Securities $19.2 → $18 Reiterates → Buy
08/05/2019 116.94% Jefferies → $16.9 Initiates Coverage On → Buy
07/30/2019 131.07% 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 158.02% B of A Securities $17.1 → $20.1 Reiterates Buy → Buy
02/12/2019 Macquarie Initiates Coverage On → Outperform
01/18/2019 105.39% HSBC → $16 Initiates Coverage On → Buy
01/17/2019 105.39% JP Morgan → $16 Initiates Coverage On → Overweight
01/07/2019 119.51% B of A Securities → $17.1 Initiates Coverage On → Buy
01/07/2019 143.9% 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 Benchmark on November 15, 2023. The analyst firm set a price target for $9.00 expecting TME to rise to within 12 months (a possible 15.53% upside). 19 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 Benchmark, and Tencent Music Enter Gr reiterated their buy 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 November 15, 2023 so you should expect the next rating to be made available sometime around November 15, 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 reiterated with a price target of $0.00 to $9.00. The current price Tencent Music Enter Gr (TME) is trading at is $7.79, which is within the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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