Analysts Offer Insights on Communication Services Companies: Tencent Music Entertainment Group (TME) and Starz Entertainment Corp (STRZ)
There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Tencent Music Entertainment Group (TME – Research Report) and Starz Entertainment Corp (STRZ – Research Report) with bullish sentiments.
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Tencent Music Entertainment Group (TME)
In a report released today, Fawne Jiang from Benchmark Co. maintained a Buy rating on Tencent Music Entertainment Group, with a price target of $25.00. The company’s shares closed last Wednesday at $19.01.
According to TipRanks.com, Jiang is a 5-star analyst with an average return of
Currently, the analyst consensus on Tencent Music Entertainment Group is a Strong Buy with an average price target of $27.86, implying a 41.3% upside from current levels. In a report released today, Mizuho Securities also maintained a Buy rating on the stock with a $28.00 price target.
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Starz Entertainment Corp (STRZ)
Benchmark Co. analyst Matthew Harrigan maintained a Buy rating on Starz Entertainment Corp yesterday and set a price target of $39.00. The company’s shares closed last Wednesday at $10.86.
According to TipRanks.com, Harrigan is a 2-star analyst with an average return of
Starz Entertainment Corp has an analyst consensus of Hold, with a price target consensus of $19.20.
Read More on TME:
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- Tencent Music Reports Strong Q3 2025 Growth
- Tencent Music’s Earnings Call Highlights Robust Growth
- Buy Recommendation for Tencent Music Entertainment Group: Strategic Initiatives and Strong Market Positioning
- Tencent Music selloff on Soda Music concerns unwarranted, says Citi
- Barclays ups Tencent Music target, sees good entry point
