First Shanghai Securities Sticks to Its Buy Rating for Tencent Holdings (TCTZF)
In a report released on December 22, from First Shanghai Securities maintained a Buy rating on Tencent Holdings , with a price target of HK$790.00. The company’s shares closed yesterday at HK$614.50.
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The word on The Street in general, suggests a Strong Buy analyst consensus rating for Tencent Holdings with a HK$761.26 average price target, a 23.88% upside from current levels. In a report released on December 15, DBS also maintained a Buy rating on the stock with a HK$800.00 price target.
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 15.79M.
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