tencent music stock forecast

The 22 analysts offering 12-month price forecasts for Tencent Music Entertainment Group have a median target of 862 with a high estimate of 1800 and a low estimate of 350. Tencent Music Entertainment Stock Forecast 04-22-2022.

Valuation Summary Tencent Music Entertainment Group Nyse Tme Alpha Spread

Tencent Stock Forecast is based on your current time horizon.

. See Tencent Music Entertainment Group TME stock analyst estimates including earnings and revenue EPS upgrades and downgrades. On average they anticipate Tencent Music Entertainment Groups stock price to reach 1044 in the next twelve months. Your current 100 investment may be up to 17875 in 2027.

TENCENT MUSIC ENTERTAINMENT GROUP. Since then TCEHY stock has decreased by 140 and is now trading at 4263. ET on Motley Fool Netease vs.

And has now fallen 4 days in a row. 19 hours agoThe result has led the share prices of Tencent Music iQIYI and Bilibili to each fall more than 75 over the past 12 months. I initiate my coverage on Tencent Music Entertainment with a BUY recommendation and a base-case target price of 1215 per share implying an upside potential of 71.

Tencent is said to be one of the biggest music services in the world while the company provided a solid report for 2018 stating that the company scored 27 billion dollars in market capitalization. This suggests a possible upside of 1566 from the stocks current price. During the day the stock fluctuated 799 from a day low at 407 to a day high of 440.

The Tencent Music Entertainment Group stock price fell by -192 on the last day Friday 22nd Apr 2022 from 416 to 408. Negative dynamics for Tencent Music Entertainment shares will prevail with possible volatility of 1490. Tencent Music Entertainment Group American Depositary Shares each representing two Class A Ordinary Shares TME Stock Quotes - Nasdaq offers stock quotes.

Based on 7 Wall Street analysts offering 12 month price targets for Tencent Music Entertainment Group in the last 3 months. Stock was originally listed at a price of 1400 in Dec 12 2018. The average price target is 596 with a high forecast of 920 and a low forecast of 350.

Real time Tencent Music Entertainment Group TME stock price quote stock graph news analysis. The price has fallen in 6 of the last 10 days and is down by -1464 for this period. Tencent Music Entertainment stock forecasts are adjusted once a day based on the closing price of the previous trading day.

On average Wall Street analysts predict. And yet the only news apparent on the wires today is an announcement from HSBC bank that its raising its price target on Tencent Music stock to 35 -- nearly 10 above where it currently trades. The median estimate represents a 8567 increase from the last price of 464.

Based on our forecasts a long-term increase is expected the TCEHY stock price prognosis for 2027-03-26 is 84761 USD. Investors can use this forecasting interface to forecast Tencent Music historical stock prices and determine the direction of Tencent Music Entertainments future trends based on various well-known forecasting models. Despite solid reports the companys shares went down by -9.

Which Chinese Stock is a Better Buy. Tencent Holdings Limited quote is equal to 47420 USD at 2022-03-29. Tencents stock was trading at 4956 on March 11th 2020 when COVID-19 reached pandemic status according to the World Health Organization.

Find the latest Tencent Music Entertainment Group TME stock quote history news and other vital information to help you with your stock trading and investing. The average TENCENT MUSIC ENTERTAINMENT GROUP stock price prediction forecasts a potential upside of. Stock Price Forecast The 23 analysts offering 12-month price forecasts for Tencent Music Entertainment Group have a median target of 600 with a high estimate of 1800 and a low estimate of 350.

Stay up to date on the latest stock price chart news analysis fundamentals trading and. A high-level overview of Tencent Music Entertainment Group TME stock. 13 brokers have issued 1 year price objectives for Tencent Music Entertainment Groups stock.

However solely looking at the historical price movement is usually misleading. With a 5-year investment the revenue is expected to be around 7875. TME is the leading music entertainment company in China with a dominating market share of approximately 80 and a monthly active user base of 841m.

If you had invested in TENCENT MUSIC ENTERTAINMENT GROUP stock at 1400 your return over the last 3 years would have been -7086 for an annualized return of -337 not including any dividends or dividend reinvestments. Why Tesla Stock Slumped With Li Auto Tencent Music and Hutchmed Mar. The average price target represents a 2138 change from.

The minimum target price for Tencent Music Entertainment analysts is 1246. The Tencent Music Entertainment stock prediction results are shown below and presented as a graph table and text information. Their forecasts range from 350 to 2000.

Forecast target price for 04-22-2022. 14 2022 at 432 pm. That TENCENT MUSIC ENTERTAINMENT GROUPs share price could reach 1095 by Feb 18 2023.

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