Analysts Offer Insights on Communication Services Companies: Tencent Music Entertainment Group (TME) and Roblox (RBLX)
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 Roblox (RBLX – Research Report) with bullish sentiments.
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Tencent Music Entertainment Group (TME)
In a report released today, Yang Liu CFA from Morgan Stanley maintained a Buy rating on Tencent Music Entertainment Group, with a price target of $27.50. The company’s shares closed last Wednesday at $18.15.
CFA has an average return of
According to TipRanks.com, CFA is ranked #809 out of 10173 analysts.
Tencent Music Entertainment Group has an analyst consensus of Strong Buy, with a price target consensus of $26.83.
See the top stocks recommended by analysts >>
Roblox (RBLX)
In a report released today, Matthew Cost from Morgan Stanley maintained a Buy rating on Roblox, with a price target of $170.00. The company’s shares closed last Wednesday at $94.36.
According to TipRanks.com, Cost is a 4-star analyst with an average return of
Roblox has an analyst consensus of Moderate Buy, with a price target consensus of $145.00, representing a 45.0% upside. In a report released yesterday, B. Riley Securities also initiated coverage with a Buy rating on the stock with a $125.00 price target.
