Tencent Music Entertainment Group

Equities

TME

US88034P1093

Internet Services

Real-time Estimate Cboe BZX 09:46:29 2024-03-28 am EDT 5-day change 1st Jan Change
11.16 USD +0.95% Intraday chart for Tencent Music Entertainment Group -2.59% +23.25%

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Sector Update: Tech Stocks Mixed Pre-Bell Friday MT
Sector Update: Tech MT
Tencent Music Entertainment Group's Chief Technology Officer Zhenyu Xie Resigns MT
Tencent Music Entertainment Group Announces Management Changes, Effective March 31, 2024 CI
Tencent Music Entertainment's Shares Rise Following Upgrades From Citigroup, Goldman MT
New Street Raises Tencent Music Entertainment Price Target to $13 From $9, Maintains Buy Rating MT
Morgan Stanley Adjusts Price Target on Tencent Music Entertainment to $13.50 From $11, Keeps Overweight Rating MT
Goldman Sachs Upgrades Tencent Music Entertainment to Buy From Neutral, Raises Price Target to $14 From $11.20 MT
HSBC Adjusts Price Target on Tencent Music Entertainment to $10.40 From $9.50, Maintains Hold Rating MT
Mizuho Adjusts Price Target on Tencent Music Entertainment to $13 From $12, Maintains Buy Rating MT
Benchmark Adjusts Tencent Music Entertainment Group's Price Target to $14 From $9, Maintains Buy Rating MT
Citigroup Upgrades Tencent Music Entertainment Group to Buy From Neutral, Adjusts Price Target to $13 From $9 MT
China, Hong Kong stocks edge up as sentiment improves RE
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Tech Stocks Lead Asian Equities Traded in the US as American Depositary Receipts Lower in Tuesday Trading MT
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Tencent Music's Profit Up 14% in Fiscal Q4 MT
Transcript : Tencent Music Entertainment Group, Q4 2023 Earnings Call, Mar 19, 2024
Stocks Down Marginally Pre-Bell Ahead of Fed Policy Meeting; Asia Churns, Europe Mostly Up MT
Tencent Music Entertainment Q4 Earnings Rise, Revenue Down MT
Tranche Update on Tencent Music Entertainment Group's Equity Buyback Plan announced on March 21, 2023. CI
Tencent Music beats quarterly revenue estimates RE
Tencent Music Entertainment Group Reports Earnings Results for the Fourth Quarter Ended December 31, 2023 CI
Tencent Music Entertainment Group Reports Earnings Results for the Full Year Ended December 31, 2023 CI
Asian Equities Traded in the US as American Depositary Receipts Decline in Tuesday Trading MT
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Tencent Music Entertainment Group is a holding company mainly engaged in the provision and operation of online music entertainment platform. The Company is mainly engaged in the provision of online music services, social entertainment services and other services. The Company operates four major product brands, QQ Music, Kugou Music, Kuwo Music and WeSing, through which the Company provides online music and social entertainment services to address the music entertainment needs of audience in China. The Company also offers Lazy Audio, the dedicated long-form audio app as a complement to the flagship music-centric product portfolio. The Company is also engaged in the sales of music-related merchandise, the provision of services to smart device and car manufacturers and ticketing services for online music events. The Company mainly conducts its businesses in domestic and overseas markets.
More about the company
Trading Rating
Investor Rating
ESG Refinitiv
D+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
28
Last Close Price
79.94 CNY
Average target price
87.42 CNY
Spread / Average Target
+9.36%
Consensus
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