Tencent Music Entertainment Group

Equities

TME

US88034P1093

Internet Services

Market Closed - Nyse 04:00:02 2024-05-13 pm EDT 5-day change 1st Jan Change
14.8 USD +10.94% Intraday chart for Tencent Music Entertainment Group +9.06% +64.26%

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Tencent Music's Q1 Profit Rises 24% Despite Lower Revenue; Shares Jump 9% MT
Tencent Music Shares Rise After Earnings Beat DJ
Tencent Music Entertainment Likely Poised to Triple Music Revenue in 2030, Morgan Stanley Says MT
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Transcript : Tencent Music Entertainment Group, Q1 2024 Earnings Call, May 13, 2024
Morgan Stanley Raises Price Target on Tencent Music Entertainment Group to $19 From $13.50, Keeps Overweight Rating MT
Tencent Music First-Quarter Results Top Views as Online Music Paying Users Advance MT
Tencent Music Entertainment Q1 Earnings Rise, Revenue Declines MT
Tencent Music beats quarterly revenue estimates RE
Tencent Music Entertainment Group Adopts Annual Cash Dividend Policy; Declares Cash Dividend for the Fiscal Year of 2023, Payable on or Around June 21, 2024 CI
Tencent Music Entertainment Group Reports Earnings Results for the First Quarter Ended March 31, 2024 CI
Mizuho Securities Raises Tencent Music Entertainment's Price Target to $15 From $13, Keeps Buy Rating MT
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Tencent Music Entertainment Group's Chief Technology Officer Zhenyu Xie Resigns MT
Tencent Music Entertainment Group Announces Management Changes, Effective March 31, 2024 CI
Tencent Music Entertainment's Shares Rise Following Upgrades From Citigroup, Goldman MT
New Street Raises Tencent Music Entertainment Price Target to $13 From $9, Maintains Buy Rating MT
Morgan Stanley Adjusts Price Target on Tencent Music Entertainment to $13.50 From $11, Keeps Overweight Rating MT
Goldman Sachs Upgrades Tencent Music Entertainment to Buy From Neutral, Raises Price Target to $14 From $11.20 MT
HSBC Adjusts Price Target on Tencent Music Entertainment to $10.40 From $9.50, Maintains Hold Rating MT
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Tencent Music Entertainment Group is a holding company mainly engaged in the provision and operation of online music entertainment platform. The Company is mainly engaged in the provision of online music services, social entertainment services and other services. The Company operates four major product brands, QQ Music, Kugou Music, Kuwo Music and WeSing, through which the Company provides online music and social entertainment services to address the music entertainment needs of audience in China. The Company also offers Lazy Audio, the dedicated long-form audio app as a complement to the flagship music-centric product portfolio. The Company is also engaged in the sales of music-related merchandise, the provision of services to smart device and car manufacturers and ticketing services for online music events. The Company mainly conducts its businesses in domestic and overseas markets.
More about the company
Trading Rating
Investor Rating
ESG Refinitiv
D+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
29
Last Close Price
107 CNY
Average target price
100.9 CNY
Spread / Average Target
-5.73%
Consensus
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