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Analysts Have Conflicting Sentiments on These Communication Services Companies: Tencent Holdings Limited (OtherTCTZF) and T Mobile US (TMUS)

Analysts have been eager to weigh in on the Communication Services sector with new ratings on Tencent Holdings Limited (TCTZFResearch Report) and T Mobile US (TMUSResearch Report).

Tencent Holdings Limited (TCTZF)

Mizuho Securities analyst James Lee maintained a Hold rating on Tencent Holdings Limited on March 20 and set a price target of HK$300.00. The company’s shares closed last Friday at $36.63.

According to TipRanks.com, Lee is a 5-star analyst with an average return of 11.3% and a 58.5% success rate. Lee covers the NA sector, focusing on stocks such as Trip.com Group Ltd. Sponsored ADR, Booking Holdings, and TripAdvisor.

Tencent Holdings Limited has an analyst consensus of Strong Buy, with a price target consensus of $51.82.

See today’s best-performing stocks on TipRanks >>

T Mobile US (TMUS)

J.P. Morgan analyst Sebastiano Petti maintained a Buy rating on T Mobile US today and set a price target of $200.00. The company’s shares closed last Friday at $160.61.

According to TipRanks.com, Petti is a 1-star analyst with an average return of -5.1% and a 48.6% success rate. Petti covers the NA sector, focusing on stocks such as Charter Communications, Warner Music Group, and Warner Bros.

T Mobile US has an analyst consensus of Strong Buy, with a price target consensus of $188.06, implying a 16.5% upside from current levels. In a report issued on March 22, Citi also maintained a Buy rating on the stock with a $184.00 price target.

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