CLSA Sticks to Its Buy Rating for Tencent Holdings (TCTZF)
CLSA analyst Elinor Leung maintained a Buy rating on Tencent Holdings on November 14 and set a price target of HK$740.00. The company’s shares closed yesterday at HK$641.00.
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According to TipRanks, Leung is a 4-star analyst with an average return of 9.6% and a 46.27% success rate. Leung covers the Communication Services sector, focusing on stocks such as Kuaishou Technology Class B, Tencent Holdings , and Baidu.
In addition to CLSA, Tencent Holdings also received a Buy from DBS’s Andy Yu CFA in a report issued on November 14. However, on the same day, Mizuho Securities maintained a Hold rating on Tencent Holdings (Other OTC: TCTZF).
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 17.39M.
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