Mizuho Securities Sticks to Its Buy Rating for Tencent Music Entertainment Group (TME)
In a report released today, Wei Fang from Mizuho Securities maintained a Buy rating on Tencent Music Entertainment Group, with a price target of $28.00. The company’s shares opened today at $26.08.
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According to TipRanks, Fang is ranked #2057 out of 9896 analysts.
Currently, the analyst consensus on Tencent Music Entertainment Group is a Strong Buy with an average price target of $24.16, which is a -7.36% downside from current levels. In a report released today, Benchmark Co. also maintained a Buy rating on the stock with a $28.00 price target.
TME market cap is currently $31.69B and has a P/E ratio of 27.49.
Read More on TME:
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- Tencent Music Entertainment Group: Strong Q2 Performance and Strategic Growth Justify Buy Rating
- Tencent Music price target raised to $27 from $16 at Barclays
- Tencent Music Reports Strong Q2 2025 Growth
- Tencent Music price target raised to $27.50 from $25 at Bernstein
- Tencent Music price target raised to $29 from $23 at Citi
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