tencent music stock forecast
When looking for Tencent stock projections its important to bear in mind that analysts forecasts can be wrong. The companys revenue is forecast to grow by 910 over what it did in 2021.
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Based on 6 Wall Street analysts offering 12 month price targets for Tencent Music Entertainment Group in the last 3 months.
. IR Home Tencent Music. With a 5-year investment the revenue is expected to be around 7987. InvestorsObserver gives Tencent Music Entertainment ADR TME an overall rank of 36 which is below average.
Tencent Music Entertainment Group NYSETME is the leading online music and audio entertainment platform in China operating the countrys highly popular and innovative music apps. TME is 4645 last updated Mon Mar 21 2022 195958 GMT0000 Coordinated Universal Time. Your current 100 investment may be up to 17987 in 2027.
Notably Tencent Music Entertainment repurchased approximately 239 million in shares under its existing stock buyback program. Tencent Music Entertainment Groups stock was trading at 1176 on March 11th 2020 when COVID-19 Coronavirus reached pandemic status according to the World Health Organization WHO. Tencent Holdings Limited quote is equal to 47860 USD at 2022-03-24.
Forecast target price for 03-25-2022. Heres Why Tencent Music Entertainment Shares Are Rising. Their forecasts range from 6018 to 51000.
Current Stock Price for Tencent Music Enter Gr TME. QQ Music Kugou Music Kuwo Music and WeSing. A rank of 36 means that 64 of stocks appear more favorable to our system.
The average price target is 536 with a high forecast of 730 and a low forecast of 350. On average Wall Street analysts predict. Since then TME stock has decreased by 644 and is now trading at 419.
During the day the stock fluctuated 2683 from a day low at 410 to a day high of 520. A Misunderstood Underappreciated And Undervalued Business I initiate my coverage on Tencent Music Entertainment with a BUY recommendation and a base-case target price of 1215 per share implying an upside potential of 71. Lets finish up by taking a look at the Tencent stock forecast.
Negative dynamics for Tencent Music Entertainment shares will prevail with possible volatility of 2562. On average they anticipate Tencents stock price to reach 18605 in the next twelve months. Tencent Music Entertainment Group - ADR NYSE.
Tencent Music Entertainment stock forecasts are adjusted once a day based on the closing price of the previous trading day. TME shares are trading higher by 100 at 511 after the company reported better-than-expected fourth-quarter EPS. TME Stock Forecast The regulatory shift in China has impacted.
That Tencent Music Entertainment Groups share price could reach 1095 by Feb 18 2023. See Tencent Music Entertainment Group TME stock analyst estimates including earnings and revenue EPS upgrades and downgrades. The Tencent Music Entertainment Group stock price gained 2076 on the last trading day Friday 18th Mar 2022 rising from 419 to 506.
Meanwhile Tencent share price forecast by Wallet Investor as of 28 October suggests the stock to reach HKD52229 by the end of 2021 HKD61376 by the end of 2022 and hit HKD 89167 by the end of 2025. As the trends of going public is continuing even in 2019 we cant miss on looking back on all successful and long anticipated IPOs that went public in 2018. Tencent Music Entertainment ADR is in the bottom half of stocks based on the fundamental outlook for the stock and an analysis of the stocks chart.
Real time Tencent Music Entertainment Group TME stock price quote stock graph news analysis. Tencent Music Stock Forecast. Our platform comprises online music online audio online karaoke music-centric live.
The stock price for Tencent Music Enter Gr NYSE. The minimum target price for Tencent Music Entertainment analysts is 1246. Hold candidate since 2022-03-18 PDF.
38 rows Tencent Music Entertainment Group Stock Forecast. Tencent Music a prominent internet giant from China had. The price has been going up and down for this period and there has been a 1072 gain for the.
Based on our forecasts a long-term increase is expected the TCEHY stock price prognosis for 2027-03-19 is 86088 USD. The average Tencent Music Entertainment Group stock price prediction forecasts a potential upside of 1164 from the current TME share price of 506. Maja Rogic - April 1 2019.
A companys earnings reviews provide a brief indication of a stocks direction in the short term where in the case of Tencent Music Entertainment Group 1 upward and no downward comments were posted in the last 7 days. This suggests a possible upside of 2875 from the stocks current price. The Tencent Music Entertainment stock prediction results are shown below and presented as a graph table and text information.
The average price target represents a 428 change from. How Profitable Investing in Tencent TME is in 2019. According to CNN Money 47 analysts looking ahead 12 months assigned a median 7751 target in over-the-counter US trading with a 10010 high estimate and a low of 5891.
Tencent Music Entertainment Stock Forecast 03-25-2022. Find the latest Tencent Music Entertainment Group TME stock quote history news and other vital information to help you with your stock trading and investing. 10 analysts have issued 12-month price objectives for Tencents stock.
Of the 52 analysts that gave recommendations 40 said buy and five hold while seven expect it to outperform. View which stocks have been most impacted by COVID-19. New York Stock Exchange.
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