Tencent (TCEHY)
(Delayed Data from OTC)
$48.46 USD
+0.16 (0.33%)
Updated May 24, 2024 04:00 PM ET
3-Hold of 5 3
D Value C Growth B Momentum D 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 | 13.44% |
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 13.44% from the last closing price of $48.30.
Analyst Price Targets (2 )
Broker Rating
Tencent Holding Ltd. currently has an average brokerage recommendation (ABR) of 1.21 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 12 brokerage firms. The current ABR compares to an ABR of 1.21 a month ago based on 12 recommendations.
Of the 12 recommendations deriving the current ABR, 10 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 83.33% and 8.33% 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 | 10 | 10 | 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 | 1.21 | 1.21 | 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 |
---|---|---|---|---|
3/15/2024 | Loop Capital Markets | Robert Sanderson | Strong Buy | Strong Buy |
1/19/2024 | Nomura | Jialong Shi | Not Available | 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 | 1.21 |
ABR (Last week) | 1.21 |
# of Recs in ABR | 12 |
Average Target Price | $54.79 |
LT Growth Rate | NA |
Industry | Internet - Services |
Industry Rank by ABR | 81 of 252 |
Current Quarter EPS Est: | 0.71 |