TME Stock Forecast & Price Target
TME Stock
Price Forecast
The average stock forecast for
Tencent Music Entertainment Group (TME) in the next 12 months is 12.47 USD. This price target corresponds to an upside
of
45.51%. The range of stock forecasts for TME is 4.21 - 21.00 USD.
Based on the ratings of 30 analysts, the consensus recommendation for TME is
HOLD.
| Target |
Low |
Average |
Median |
High |
| Price (USD) |
4.21 |
12.47 |
11.78 |
21.00 |
| Upside |
-50.89% |
45.51% |
37.47% |
145.04% |
Recommendation Trends
The latest consensus rating for TME is "HOLD". This is the average
recommendation of 30 analysts: 0 strong sell,
0 sell, 15 hold, 11 buy, 4 strong buy. In the previous period, 32 analysts also majorly recommmended
"HOLD" for TME.
TME Financial Stock
Forecast
Revenue This Year
from 32.90B
Revenue Next Year
from 35.62B