OTCMKTS:TCEHY - Tencent Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
About
FAQ

Consensus Rating: Buy
Consensus Price Target: $85.37
Forecasted Upside: 11.47 %
Number of Analysts: 10
Breakdown:
1 Sell Ratings
0 Hold Ratings
9 Buy Ratings
0 Strong Buy Ratings

^$76.58 As of 06/16/2021 01:00 AM ET

▼ -0.09 (-0.12%)

1 month | 3 months | 12 months

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Analyst Price Target for TCEHY

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

^$85.37

▲ +11.47% Upside Potential

This price target is based on 10 analysts offering 12 month price targets for Tencent in the last 3 months. The average price target is $85.37, with a high forecast of $115.00 and a low forecast of $69.03. The average price target represents a 11.47% upside from the last price of $76.58.

Buy

The current consensus among 10 investment analysts is to buy stock in Tencent. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
7 buy ratings
0 hold ratings
1 sell ratings

Ratings as of

12/24/2019

0 strong buy ratings
5 buy ratings
0 hold ratings
1 sell ratings

Ratings as of

3/23/2020

0 strong buy ratings
7 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

6/21/2020

0 strong buy ratings
7 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

9/19/2020

0 strong buy ratings
7 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

12/18/2020

0 strong buy ratings
9 buy ratings
0 hold ratings
1 sell ratings

Ratings as of

3/18/2021

0 strong buy ratings
9 buy ratings
0 hold ratings
1 sell ratings

Ratings as of

5/17/2021

0 strong buy ratings
9 buy ratings
0 hold ratings
1 sell ratings

Ratings as of

6/16/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Details
3/22/2021	Mizuho	Reiterated Rating	Buy		i
2/16/2021	Barclays	Boost Price Target	Overweight	$89.00 ➝ $115.00	i
2/3/2021	Morgan Stanley	Initiated Coverage	Buy	$92.87	i
1/25/2021	Sanford C. Bernstein	Initiated Coverage	Outperform		i
1/22/2021	Investec	Downgrade	Hold ➝ Sell		i
11/16/2020	Barclays	Boost Price Target	Overweight	$81.00 ➝ $89.00	i
11/13/2020	Mizuho	Boost Price Target	Neutral	$64.48 ➝ $77.38	i
10/20/2020	Barclays	Boost Price Target	Overweight	$77.00 ➝ $81.00	i
10/19/2020	Atlantic Securities	Initiated Coverage	Overweight		i
10/14/2020	OTR Global	Upgrade	Positive		i
8/13/2020	Benchmark	Boost Price Target	Buy	$72.25 ➝ $74.18	i
7/27/2020	Barclays	Boost Price Target	Overweight	$63.00 ➝ $75.00	i
7/14/2020	Smith Barney Citigroup	Boost Price Target	Buy	$69.80 ➝ $83.73	i
6/17/2020	Loop Capital	Boost Price Target	Positive ➝ Buy	$63.22 ➝ $69.03	i
5/14/2020	Benchmark	Boost Price Target	Buy	$56.77 ➝ $72.25	i
5/14/2020	Mizuho	Boost Price Target	Positive ➝ Buy	$45.80 ➝ $52.90	i
5/7/2020	Barclays	Boost Price Target	Overweight	$55.00 ➝ $58.00	i
3/16/2020	Barclays	Reiterated Rating	Buy	$55.00	i
11/27/2019	Macquarie	Initiated Coverage	Outperform		i
11/21/2019	Macquarie	Initiated Coverage	Outperform		i
10/31/2019	BNP Paribas	Initiated Coverage	Outperform		i
10/15/2019	Barclays	Reiterated Rating	Buy	$52.00	i
8/15/2019	Barclays	Reiterated Rating	Overweight	$59.00 ➝ $54.00	i Rating by Gregory Zhao at Barclays PLC
8/5/2019	Jefferies Financial Group	Initiated Coverage	Buy ➝ Buy		i
6/3/2019	Loop Capital	Initiated Coverage	Buy ➝ Buy		i
5/31/2019	Investec	Upgrade	Add ➝ Buy		i
3/22/2019	Barclays	Boost Price Target	Overweight ➝ Overweight	$50.00 ➝ $54.00	i Rating by Gregory Zhao at Barclays PLC
2/1/2019	HSBC	Initiated Coverage	Buy ➝ Buy		i
1/31/2019	Investec	Reiterated Rating	Buy ➝ Hold		i
1/22/2019	Barclays	Set Price Target	Buy	$50.00	i Rating by Gregory Zhao at Barclays PLC
1/14/2019	Sanford C. Bernstein	Reiterated Rating	Mkt Perform ➝ Mkt Perform		i
12/13/2018	Mizuho	Reiterated Rating	Neutral ➝ Neutral		i
11/14/2018	Barclays	Set Price Target	Overweight ➝ Buy	$50.00 ➝ $46.00	i Rating by Gregory Zhao at Barclays PLC
11/8/2018	OTR Global	Downgrade	Positive		i
8/22/2018	Barclays	Lower Price Target	Overweight ➝ Overweight	$59.00 ➝ $55.00	i Rating by Gregory Zhao at Barclays PLC
7/28/2018	Barclays	Set Price Target	Overweight ➝ Buy	$65.00 ➝ $59.00	i Rating by Gregory Zhao at Barclays PLC
5/17/2018	Barclays	Set Price Target	Buy	$65.00	i Rating by Gregory Zhao at Barclays PLC
5/2/2018	Barclays	Set Price Target	Overweight ➝ Buy	$63.00 ➝ $62.00	i Rating by Gregory Zhao at Barclays PLC
4/5/2018	KeyCorp	Initiated Coverage	Buy		i
4/2/2018	Barclays	Lower Price Target	Overweight ➝ Overweight	$64.00 ➝ $63.00	i
3/12/2018	Barclays	Boost Price Target	Overweight ➝ Overweight	$59.00 ➝ $64.00	i
11/20/2017	Barclays	Boost Price Target	Overweight	$49.00 ➝ $59.00	i
11/16/2017	Benchmark	Reiterated Rating	Buy		i
9/27/2017	Wells Fargo & Company	Initiated Coverage	Outperform		i
8/18/2017	Barclays	Boost Price Target	Overweight ➝ Overweight	$46.00 ➝ $49.00	i
8/10/2017	Barclays	Set Price Target	Buy	$39.00 ➝ $46.00	i
5/13/2017	Barclays	Set Price Target	Buy	$37.00	i
4/18/2017	Benchmark	Initiated Coverage	Buy ➝ Buy		i
3/28/2017	Barclays	Initiated Coverage	Overweight	$34.00	i
1/11/2017	Sanford C. Bernstein	Initiated Coverage	Hold		i
12/20/2016	Evercore ISI	Initiated Coverage	Buy		i
9/1/2016	JPMorgan Chase & Co.	Reiterated Rating	Overweight		i

(Data available from 6/16/2016 forward)

Tencent Holdings Limited, an investment holding company, provides value-added services (VAS) and Online advertising services in Mainland China and internationally. The company operates through VAS, Online Advertising, FinTech and Business Services, and Others segments. It offers online games and social network services; FinTech and cloud services, and online advertising services, such as media, social, and others advertisement services. The company is also involved in production, investment, and distribution of films and television programs for third parties, as well as copyrights licensing, merchandise sales, and other activities. In addition, it develops software; develops and operates online games; and provides information technology, information system integration, asset management, online literature, and online music entertainment services. Tencent Holdings Limited company was founded in 1998 and is headquartered in Shenzhen, the People's Republic of China.

Today's Range

Now: $76.58

$76.06

$77.72

50 Day Range

MA: $78.53

$73.88

$81.80

52 Week Range

Now: $76.58

$58.00

$99.40

Volume

1,849,013 shs

Average Volume

2,883,977 shs

Market Capitalization

$734.16 billion

P/E Ratio

27.95

Dividend Yield

0.23%

Beta

0.47

Frequently Asked Questions

What sell-side analysts currently cover shares of Tencent?

The following Wall Street sell-side analysts have issued reports on Tencent in the last year: Atlantic Securities, Barclays PLC, Benchmark Co., Investec, Loop Capital, Mizuho, Morgan Stanley, OTR Global, Sanford C. Bernstein, Smith Barney Citigroup, and Zacks Investment Research.
View the latest analyst ratings for TCEHY.

What is the current price target for Tencent?

6 Wall Street analysts have set twelve-month price targets for Tencent in the last year. Their average twelve-month price target is $85.37, suggesting a possible upside of 11.5%. Barclays PLC has the highest price target set, predicting TCEHY will reach $115.00 in the next twelve months. Loop Capital has the lowest price target set, forecasting a price of $69.03 for Tencent in the next year.
View the latest price targets for TCEHY.

What is the current consensus analyst rating for Tencent?

Tencent currently has 1 sell rating and 9 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe TCEHY will outperform the market and that investors should add to their positions of Tencent.
View the latest ratings for TCEHY.

What other companies compete with Tencent?

Other companies that are similar to Tencent include SEA, Johnson Controls International, Balfour Beatty, NV5 Global, Flight Centre Travel Group, Donnelley Financial Solutions, Performant Financial, Monitronics International, Altisource Portfolio Solutions, Applied DNA Sciences, Twin Vee PowerCats, Generation Alpha, Sharing Economy International, Ascent Capital Group Inc Series A and COMTEX News Network.

How do I contact Tencent's investor relations team?

Tencent's physical mailing address is Tencent Building Kejizhongyi Avenue Hi-tech Park, Shenzhen F4, 518057. The technology company's listed phone number is 86-755-8601-3388 and its investor relations email address is [email protected] The official website for Tencent is www.tencent.com.