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20 Stocks Wall Street Analysts Love the Most - 7 of 20

 
 

Tencent Music Entertainment Group (NYSE:TME)

Consensus Rating
Moderate Buy
Rating Score
2.9
Ratings Breakdown
8 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
Consensus Price Target
$15.00 (9.9% Downside)

About Tencent Music Entertainment Group

Tencent Music Entertainment Group logoTencent Music Entertainment Group operates online music entertainment platforms to provide music streaming, online karaoke, and live streaming services in the People's Republic of China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover music in personalized ways; long-form audio content, including audiobooks, podcasts and talk shows, as well as music-oriented video content comprising music videos, live performances, and short videos; and WeSing, which enables users to sing along from its library of karaoke songs and share their performances in audio or video formats with friends. More about Tencent Music Entertainment Group
 

Recent Analyst Ratings

DateBrokerageActionRatingPrice TargetDetails
5/14/2025Sanford C. BernsteinReiterated RatingOutperform ➝ Outperform
5/13/2025Morgan StanleyReiterated RatingOverweight ➝ Overweight
4/8/2025Nomura SecuritiesUpgradeStrong-Buy
3/26/2025Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy
3/19/2025MizuhoBoost Price TargetOutperform ➝ Outperform$16.00 ➝ $17.00
3/18/2025Morgan StanleyReiterated RatingOverweight ➝ Overweight
1/21/2025Morgan StanleyUpgradeEqual Weight ➝ Overweight$13.00 ➝ $13.00
11/6/2024BarclaysInitiated CoverageOverweight$16.00
11/4/2024Sanford C. BernsteinInitiated CoverageOutperform$14.00
9/25/2024Morgan StanleyDowngradeOverweight ➝ Equal Weight$15.00 ➝ $13.00