tencent music stock forecast

Find the latest Tencent Music Entertainment Gro TME stock forecast based on top analysts estimates plus more investing and trading data from Yahoo Finance. With a 5-year investment the revenue is expected to be around 7987.

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Tencent Music Entertainment.

. And has now gained 3 days. 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. InvestorsObserver gives Tencent Music Entertainment ADR TME an overall rank of 36 which is below average.

Tencent Holdings Limited quote is equal to 47860 USD at 2022-03-24. The value of Tencent public offering was set at 213 billion however the IPO raised 11 billion dollars with their initial offer. 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.

Tencent Music Entertainment Stock Forecast 04-16-2022. Forecast target price for 04-16-2022. In the fourth quarter Tencent.

The average Tencent Music Entertainment Group stock price prediction forecasts a potential upside of 119 from the current TME share price of 500. Real time Tencent Music Entertainment Group TME stock price quote stock graph news analysis. The Tencent Music Entertainment Group stock price gained 092 on the last trading day Monday 11th Apr 2022 rising from 491 to 496.

Which Chinese Stock is a Better Buy. Their forecasts range from 5500 to 51000. Since then TME stock has decreased by 644 and is now trading at 419.

Heres Why Tencent Music Entertainment Shares Are Rising. View which stocks have been most impacted by COVID-19. Tencent Musics deeply entrenched moat makes the stock an ideal vehicle for exposure to the online music growth in China.

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 Music Entertainment stock forecasts are adjusted once a day based on the closing price of the previous trading day. The 22 analysts offering 12-month price forecasts for Tencent Music Entertainment Group have a median target of 862 with a high estimate of 1800 and a low estimate of 350.

The average price target is 596 with a high forecast of 920 and a low forecast of 350. New York Stock Exchange. The online music segment continues to grow rapidly and should offset any social entertainment declines in the coming years.

Tencent Music Entertainment Group - ADR NYSE. Based on 7 Wall Street analysts offering 12 month price targets for Tencent Music Entertainment Group in the last 3 months. 14 2022 at 432 pm.

This suggests a possible upside of 2807 from the stocks current price. 38 rows Tencent Music Entertainment Group Stock Forecast. Why Tencent Music Stock Crashed Today By Rich Smith - Mar 24 2021 at 119PM Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services.

Why Tesla Stock Slumped With Li Auto Tencent Music and Hutchmed Mar. On average Wall Street analysts predict. Stock Price Forecast The 22 analysts offering 12-month price forecasts for Tencent Music Entertainment Group have a median target of 590 with a high estimate of 1800 and a low estimate of 350.

TENCENT MUSIC ENTERTAINMENT GROUP. If you had invested in TENCENT MUSIC ENTERTAINMENT GROUP stock at 1400 your return over the last 3 years would have been -6171 for an annualized return of -2739 not including any dividends or dividend reinvestments. The average price target represents a 2138 change from.

Tencent Music Entertainment Group stock downgraded from HoldAccumulate to Sell Candidate after Monday trading session. Tencent Music reported earnings last night and you would think by the markets reaction that the company beat expectations. Your current 100 investment may be up to 17987 in 2027.

A rank of 36 means that 64 of stocks appear more favorable to our system. When looking for Tencent stock projections its important to bear in mind that analysts forecasts can be wrong. ET on Motley Fool Netease vs.

The minimum target price for Tencent Music Entertainment analysts is 1246. Stock was originally listed at a price of 1400 in Dec 12 2018. How is Tencent TME Doing in 2019.

10 Wall Street analysts have issued twelve-month price targets for Tencents stock. The median estimate represents a 8567 increase from the last price of 464. Updated on Apr 11 2022 Sell candidate since 2022-04-11 PDF.

Positive dynamics for Tencent Music Entertainment shares will prevail with possible volatility of 2765. Tencent started its IPO offer between the price of 13 and 15 going for a lower and more affordable offer than Spotify while the IPO went live in mid-December 2018. That Tencent Music Entertainment Groups share price could reach 1095 by Feb 18 2023.

IPOs of 2018. TME shares are trading higher by 100 at 511 after the company reported better-than-expected fourth-quarter EPS. The Tencent Music Entertainment stock prediction results are shown below and presented as a graph table and text information.

Based on our forecasts a long-term increase is expected the TCEHY stock price prognosis for 2027-03-19 is 86088 USD. Monopoly Trading At A Deeply Discounted Valuation. On average they expect Tencents share price to reach 17880 in the next twelve months.

Tencent Music Stock Suffers Double Digit Decline After Antitrust Penalty