Tencent Holdings (TCTZF) Gets a Buy from Huatai Securities
Huatai Securities analyst maintained a Buy rating on Tencent Holdings yesterday and set a price target of HK$792.53. The company’s shares closed yesterday at HK$641.00.
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Currently, the analyst consensus on Tencent Holdings is a Strong Buy with an average price target of $96.09, a -85.01% downside from current levels. In a report released yesterday, DBS also maintained a Buy rating on the stock with a HK$786.00 price target.
The company has a one-year high of HK$683.00 and a one-year low of HK$364.80. Currently, Tencent Holdings has an average volume of 17.42M.
Read More on TCTZF:
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- Tencent price target raised to HK$665 from HK$660 at Mizuho
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- Tencent, Apple agree to 15% cut of WeChat mini app spending, Bloomberg reports
- Tencent price target raised to $102 from $77 at Barclays
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