♔ The Trade Off
Zheshang Securities Reaffirms Their Buy Rating on Tencent Holdings (TCTZF)
In a report released yesterday, from Zheshang Securities maintained a Buy rating on Tencent Holdings , with a price target of HK$794.73. The company’s shares closed yesterday at HK$617.00.
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Currently, the analyst consensus on Tencent Holdings is a Strong Buy with an average price target of $97.45, representing a -84.21% downside. In a report released on November 24, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a HK$686.00 price target.
TCTZF market cap is currently HK$5614B and has a P/E ratio of 23.96.
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