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Analysts Offer Insights on Communication Services Companies: Liberty Global A (LBTYA) and Tencent Holdings (OtherTCTZF)

Tipranks - Fri Jun 5, 7:24PM CDT

Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Liberty Global A (LBTYA) and Tencent Holdings (TCTZF).

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Liberty Global A (LBTYA)

Goldman Sachs analyst Andrew Lee maintained a Hold rating on Liberty Global A on June 3 and set a price target of $13.70. The company’s shares closed last Thursday at $11.63, close to its 52-week low of $10.55.

Lee has an average return of 13.0% when recommending Liberty Global A. ;'>

According to TipRanks.com, Lee is ranked #4075 out of 12292 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Liberty Global A with a $13.86 average price target, a 16.5% upside from current levels. In a report issued on June 2, TipRanks – PerPlexity also reiterated a Hold rating on the stock with a $13.00 price target.

See the top stocks recommended by analysts >>

Tencent Holdings (TCTZF)

Morgan Stanley analyst Gary Yu maintained a Buy rating on Tencent Holdings on June 2 and set a price target of HK$650.00. The company’s shares closed last Thursday at $61.64.

Yu has an average return of 17.5% when recommending Tencent Holdings . ;'>

According to TipRanks.com, Yu is ranked #10193 out of 12292 analysts.

Currently, the analyst consensus on Tencent Holdings is a Strong Buy with an average price target of $89.42, implying a 59.0% upside from current levels. In a report issued on June 3, TipRanks – xAI also upgraded the stock to Buy with a HK$544.00 price target.

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