Huatai Securities Reaffirms Their Buy Rating on Tencent Holdings (TCTZF)
Huatai Securities analyst maintained a Buy rating on Tencent Holdings yesterday and set a price target of HK$792.00. The company’s shares closed yesterday at HK$601.00.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Tencent Holdings has an analyst consensus of Strong Buy, with a price target consensus of HK$759.80.
Based on Tencent Holdings ‘s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of HK$184.5 billion and a net profit of HK$55.63 billion. In comparison, last year the company earned a revenue of HK$161.12 billion and had a net profit of HK$47.63 billion
Read More on TCTZF:
Disclaimer & DisclosureReport an Issue
- Game On: Nintendo stock drops in Japan over past five months
- Tencent, Fidelity plan to invest in Busy Ming Group’s IPO, Bloomberg says
- Game On: ‘GTA VI’ delay rumors spread despite no reporting
- Classover commences collaboration with Tencent RTC
- Michael Kicinski acquires GOG from CD Projekt, terms not disclosed
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.