Tencent Holdings Ltd has a consensus price target of $50.5 based on the ratings of 2 analysts. The high is $55 issued by Barclays on March 25, 2022. The low is $46 issued by Barclays on January 31, 2024. The 3 most-recent analyst ratings were released by Barclays on January 31, 2024, January 25, 2023, and May 23, 2022, respectively. With an average price target of $46 between Barclays, there's an implied -6.77% downside for Tencent Holdings Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Tencent Holdings (OTCPK:TCEHY) was reported by Barclays on January 31, 2024. The analyst firm set a price target for $46.00 expecting TCEHY to fall to within 12 months (a possible -6.77% downside). 1 analyst firms have reported ratings in the last year.
The latest analyst rating for Tencent Holdings (OTCPK:TCEHY) was provided by Barclays, and Tencent Holdings maintained their overweight rating.
There is no last upgrade for Tencent Holdings
The last downgrade for Tencent Holdings Ltd happened on May 23, 2022 when Barclays changed their price target from $55 to $44 for Tencent Holdings Ltd.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Tencent Holdings, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Tencent Holdings was filed on January 31, 2024 so you should expect the next rating to be made available sometime around January 31, 2025.
While ratings are subjective and will change, the latest Tencent Holdings (TCEHY) rating was a maintained with a price target of $50.00 to $46.00. The current price Tencent Holdings (TCEHY) is trading at is $49.34, which is out of the analyst’s predicted range.
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