Tencent Music Entertainment Group - ADR Overview
Tencent Music Entertainment Group - ADR Target Price
Analysts' 12-month price predictions for TME.
Share Price
$12.88
Average Target Price
$13.15
2.1% upside
2.1% upside2 analysts in the last 4 months
High: $14 | Low: $12.3
Analyst Recommendations
No recommendations in the last 4 months.
Revenue & Income Forecast
Analysts' Target Prices
| Date | Analyst | Price Target | Current Upside/Downside | |
|---|---|---|---|---|
| 2024-03-20 | Goldman SachsLincoln Kong | $14 | 8.7% upside |  |
| 2024-03-20 | CitigroupAlicia Yap | $12.3 |  4.5% downside | |
| 2023-05-17 | Mizuho SecuritiesWei Fang | $11 | 14.6% downside | |
| 2023-01-09 | Goldman SachsRonald Keung | $8 | 37.9% downside | |
| 2022-11-06 | Goldman SachsLincoln Kong | $4.4 | 65.8% downside | |
| 2021-08-18 | Deutsche BankLeo Chiang | $9 | 30.1% downside | |
| 2021-08-17 | JefferiesThomas Chong | $16 | 24.2% upside | |
| 2021-08-17 | HSBCBinnie Wong | $8 | 37.9% downside | |
| 2021-08-17 | MacquarieEllie Jiang | $5.1 | 60.4% downside | |
| 2021-07-26 | US Tiger SecuritiesBo Pei CFA | $24 | 86.3% upside | |
| 2021-05-20 | Credit SuisseIvy Ji | $17 | 32% upside | |
| 2021-05-18 | BOCOM International Holdings CompanyConnie Gu | $23 | 78.6% upside | |