Tencent Holdings (TCTZF) Gets a Buy from CGS-CIMB
CGS-CIMB analyst Lei Yang CFA maintained a Buy rating on Tencent Holdings yesterday and set a price target of HK$788.00. The company’s shares closed yesterday at HK$636.50.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
According to TipRanks, Yang CFA is a 4-star analyst with an average return of 16.4% and a 54.17% success rate.
In addition to CGS-CIMB, 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).
TCTZF market cap is currently HK$5808.8B and has a P/E ratio of 24.79.
Read More on TCTZF:
Disclaimer & DisclosureReport an Issue
- 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
This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.