Companies in the NA sector have received a lot of coverage today as analysts weigh in on Tencent Holdings Limited (TCTZF – Research Report) and REA Group Ltd (RPGRF – Research Report).
Tencent Holdings Limited (TCTZF)
CMB International Securities analyst Saiyi HE maintained a Buy rating on Tencent Holdings Limited today. The company’s shares closed last Wednesday at $42.80.
According to TipRanks.com, HE is a 1-star analyst with an average return of
Tencent Holdings Limited has an analyst consensus of Strong Buy, with a price target consensus of $58.42, a 41.1% upside from current levels. In a report released yesterday, Morgan Stanley also maintained a Buy rating on the stock with a HK$450.00 price target.
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REA Group Ltd (RPGRF)
UBS analyst Lucy Huang maintained a Hold rating on REA Group Ltd yesterday and set a price target of A$167.00. The company’s shares closed last Thursday at $103.13, equals to its 52-week high of $103.13.
According to TipRanks.com, Huang is a 1-star analyst with an average return of
Currently, the analyst consensus on REA Group Ltd is a Hold with an average price target of $102.41, implying a -0.7% downside from current levels. In a report issued on November 10, Citi also maintained a Hold rating on the stock with a A$159.00 price target.
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