Tencent (TCEHY)
(Delayed Data from OTC)
$49.47 USD
-0.60 (-1.20%)
Updated Sep 20, 2024 04:00 PM ET
2-Buy of 5 2
B Value A Growth F Momentum B VGM
Tencent Holding Ltd. (TCEHY) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$54.79 | $59.00 | $50.58 | 9.43% |
Price Target
Based on short-term price targets offered by two analysts, the average price target for Tencent Holding Ltd. comes to $54.79. The forecasts range from a low of $50.58 to a high of $59.00. The average price target represents an increase of 9.43% from the last closing price of $50.07.
Analyst Price Targets (2 )
Broker Rating
Tencent Holding Ltd. currently has an average brokerage recommendation (ABR) of 1.19 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 13 brokerage firms. The current ABR compares to an ABR of 1.21 a month ago based on 12 recommendations.
Of the 13 recommendations deriving the current ABR, 11 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 84.62% and 7.69% of all recommendations. A month ago, Strong Buy made up 83.33%, while Buy represented 8.33%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 11 | 11 | 10 | 10 | 10 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 1 | 1 | 1 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.19 | 1.19 | 1.21 | 1.21 | 1.21 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
9/9/2024 | New Street Research | Jin Yoon | Not Available | Strong Buy |
8/16/2024 | Nomura | Jialong Shi | Strong Buy | Strong Buy |
8/15/2024 | UBS | Kenneth Fong | Strong Buy | Strong Buy |
8/15/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
6/30/2024 | Goldman Sachs | Ronald Keung | Strong Buy | Strong Buy |
5/16/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
5/15/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
3/15/2024 | Loop Capital Markets | Robert Sanderson | Strong Buy | Strong Buy |
1/11/2024 | Macquarie Capital Securities | Ellie Jiang | Not Available | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.19 |
ABR (Last week) | 1.19 |
# of Recs in ABR | 13 |
Average Target Price | $54.79 |
LT Growth Rate | NA |
Industry | Internet - Services |
Industry Rank by ABR | 135 of 253 |
Current Quarter EPS Est: | 0.78 |
TCEHY FAQs
Tencent Holding Ltd. (TCEHY) currently has an average brokerage recommendation (ABR) of 1.19 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 13 brokerage firms.
The average price target for Tencent Holding Ltd. (TCEHY) is $54.79. The current on short-term price targets is based on 3 reports.
The forecasts for Tencent Holding Ltd. (TCEHY) range from a low of $50.58 to a high of $59. The average price target represents a increase of $9.43 from the last closing price of $50.07.
The current UPSIDE for Tencent Holding Ltd. (TCEHY) is 9.43%
Based on short-term price targets offered by two analysts, the average price target for Tencent Holding Ltd. comes to $54.79. The forecasts range from a low of $50.58 to a high of $59.00. The average price target represents an increase of 9.43% from the last closing price of $50.07.