Logo image of TME

TENCENT MUSIC ENTERTAINM-ADR (TME) Stock Analyst Ratings

NYSE:TME - New York Stock Exchange, Inc. - US88034P1093 - ADR

10.78  +0.38 (+3.65%)

After market: 10.8018 +0.02 (+0.2%)

Buy % Consensus

81

ChartMill assigns a Buy % Consensus number of 81% to TME. The Buy consensus is the weighted average rating of the current analysts ratings.

Analysts have set a mean price target forecast of 14.37. This target is 33.27% above the current price.
TME was analyzed by 37 analysts. The buy percentage consensus is at 81. So analysts seem to be very confident about TME.
In the previous month the buy percentage consensus was at a similar level.
TME was analyzed by 37 analysts, which is quite many. So the average rating should be quite meaningful.
TME Historical Analyst RatingsTME Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -71 -64 -57 -50 -43 -36 -29 -22 -15 -8 -1 10 20 30

Price Target & Forecast

Price Low Median Mean High 10.789.1414.3014.3717.43 - -15.21% 32.61% 33.27% 61.69%
TME Current Analyst RatingTME Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10 15 20
Up and Down Grades
Date Firm Action Rating
2024-11-06 Barclays Initiate Overweight
2024-11-04 Bernstein Initiate Outperform
2024-09-25 Morgan Stanley Downgrade Overweight -> Equal-Weight
2024-08-14 Mizuho Maintains Outperform -> Outperform
2024-08-14 Benchmark Maintains Buy -> Buy
2024-08-14 B of A Securities Maintains Buy -> Buy
2024-05-14 Mizuho Maintains Buy -> Buy
2024-05-14 Benchmark Maintains Buy -> Buy
2024-05-10 Mizuho Maintains Buy -> Buy
2024-03-20 Mizuho Maintains Buy -> Buy
2024-03-20 Benchmark Maintains Buy -> Buy
2024-03-20 Goldman Sachs Upgrade Neutral -> Buy
2024-03-20 B of A Securities Maintains Buy -> Buy
2024-03-20 Morgan Stanley Maintains Overweight -> Overweight
2024-03-20 HSBC Maintains Hold -> Hold
2024-03-20 Citigroup Upgrade Neutral -> Buy
2024-02-05 Redburn Atlantic Initiate Buy
2024-02-05 CLSA Initiate Outperform
2024-01-24 UBS Upgrade Neutral -> Buy
2024-01-17 Mizuho Maintains Buy -> Buy
2023-11-16 JP Morgan Upgrade Neutral -> Overweight
2023-11-15 Benchmark Reiterate Buy -> Buy
2023-08-16 B of A Securities Maintains Buy -> Buy
2023-08-16 Citigroup Maintains Neutral -> Neutral
2023-07-31 Citigroup Downgrade Buy -> Neutral
2023-07-26 JP Morgan Downgrade Overweight -> Neutral
2023-07-20 HSBC Maintains Hold -> Hold
2023-05-18 Benchmark Reiterate Buy -> Buy
2023-05-18 Citigroup Upgrade Neutral -> Buy
2023-05-17 China Renaissance Upgrade Hold -> Buy