CICC Keeps Their Buy Rating on Tencent Holdings (TCTZF)
CICC analyst maintained a Buy rating on Tencent Holdings yesterday and set a price target of HK$700.00. The company’s shares closed yesterday at HK$641.00.
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In addition to CICC, Tencent Holdings also received a Buy from DBS’s Sachin Mittal in a report issued yesterday. However, on the same day, Mizuho Securities maintained a Hold rating on Tencent Holdings (Other OTC: TCTZF).
TCTZF market cap is currently HK$5953.8B and has a P/E ratio of 26.78.
Read More on TCTZF:
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- Tencent price target raised to HK$665 from HK$660 at Mizuho
- Tencent Grants Shares to Employees Under Award Scheme
- Tencent Grants Share Options to Employees to Boost Engagement
- 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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