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 17.40 USD. This price target corresponds to an upside
of
96.37%. The range of stock forecasts for TME is 10.10 - 31.50 USD.
Based on the ratings of 32 analysts, the consensus recommendation for TME is
BUY.
| Target |
Low |
Average |
Median |
High |
| Price (USD) |
10.10 |
17.40 |
15.30 |
31.50 |
| Upside |
14.00% |
96.37% |
72.69% |
255.53% |
Recommendation Trends
The latest consensus rating for TME is "BUY". This is the average
recommendation of 32 analysts: 0 strong sell,
0 sell, 12 hold, 16 buy, 4 strong buy. In the previous period, 31 analysts also majorly recommmended
"BUY" for TME.
TME Financial Stock
Forecast
Revenue This Year
from 32.90B
Revenue Next Year
from 35.80B