Tencent Holdings (TCTZF) Receives a Buy from Goldman Sachs
In a report released on November 14, Ronald Keung from Goldman Sachs maintained a Buy rating on Tencent Holdings , with a price target of HK$770.00. The company’s shares closed yesterday at HK$641.00.
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Keung covers the Consumer Cyclical sector, focusing on stocks such as Alibaba Group Holding Ltd., Alibaba, and PDD Holdings. According to TipRanks, Keung has an average return of 0.0% and a 48.57% success rate on recommended stocks.
In addition to Goldman Sachs, 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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