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Tencent Holdings (TCTZF) Receives a Buy from Guosheng Securities

Tipranks - Wed May 20, 12:28AM CDT

In a report released yesterday, from Guosheng Securities maintained a Buy rating on Tencent Holdings , with a price target of HK$704.00. The company’s shares closed yesterday at HK$449.20.

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Currently, the analyst consensus on Tencent Holdings is a Strong Buy with an average price target of HK$707.02, implying a 57.40% upside from current levels. In a report released on May 15, CGS International also maintained a Buy rating on the stock with a HK$680.00 price target.

The company has a one-year high of HK$683.00 and a one-year low of HK$454.00. Currently, Tencent Holdings has an average volume of 27.54M.

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