Tencent <a hold" rating to a "strong-buy" rating in a report released on Wednesday, Zacks reports.
- As U.S. Debt Surpasses GDP, These 2 ETFs Are Emerging Winners in the “Sell America” Trade
Several other equities research analysts have also recently commented on the company. Mizuho decreased their target price on Tencent Music Entertainment Group from $18.00 to $15.00 and set an “outperform” rating for the company in a research note on Wednesday, August 12th. UBS Group set a $15.00 target price on Tencent Music Entertainment Group in a report on Wednesday, August 12th. Nomura set a $10.00 price target on Tencent Music Entertainment Group and gave the company a “neutral” rating in a research note on Thursday, August 13th. Finally,
View Our Latest Analysis on Tencent Music Entertainment Group
Tencent Music Entertainment Group Stock <a Spotify of China" Just Got a Whole Lot Cheaper
Shares of TME opened at $8.47 on Wednesday. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.13. The firm’s fifty day simple moving average is $8.38 and its two-hundred day simple moving average is $8.86. Tencent Music Entertainment Group has a 12 month low of $7.66 and a 12 month high of $23.85. The stock has a market capitalization of $13.34 billion, a P/E ratio of 10.46, a price-to-earnings-growth ratio of 1.49 and a beta of 0.78.
Ad Base Camp Trading
Ready to give options a try? Your first trade (Ticker included) -INSIDE
Tired of trying tactic after tactic when it comes to options trades… only to be met with market noise and stinging losses? Dave Aquino is giving away the exact 11-hour options strategy he uses in volatile markets. You get the plain English blueprint behind the strategy and the very same “rinse and repeat” ticker he’s traded nearly 900 times with a 95.3% success rate. It’s so simple to understand, you could trade it tomorrow.
Send me my free guide
