Tencent Music Entertainment Group (TME) Stock Forecast
Show ratings and price targets of :
Alert
Its only available to paid users.
USD 14.50
(+30.98%)
Based on the Tencent Music Entertainment Group stock forecast from 6 analysts, the average analyst target price for Tencent Music Entertainment Group is USD 14.50 over the next 12 months. Tencent Music Entertainment Group’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Tencent Music Entertainment Group is Bullish , which is based on 8 positive signals and 2 negative signals. At the last closing, Tencent Music Entertainment Group’s stock price was USD 11.07. Tencent Music Entertainment Group’s stock price has changed by -3.66% over the past week, -3.66% over the past month and +28.72% over the last year.
Analyst Ratings
Target Price Action
Rating Action
Analyst
Rating
Price
Date
Stock Target Advisor's Analysis
This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.
What to like
Low debt
The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.
Positive cash flow
The company had positive total cash flow in the most recent four quarters.
Positive free cash flow
The company had positive total free cash flow in the most recent four quarters.
Superior return on assets
The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.
Superior capital utilization
The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.
High market capitalization
This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.
Superior Earnings Growth
This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.
Superior return on equity
The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.
What not to like
Overpriced compared to earnings
The stock is trading high compared to its peers on a price to earning basis and is above the sector median.
Overpriced on free cash flow basis
The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.
Add to Watchlists
loading..
Download Confirmation
Premium customers can only download records visible on the current page view, while Platinum customers can download the first 1000 records.
Paid-only feature
CSV downloads are only available for paying customers.
Thank you for Sharing your Stock Targets for TME !
Loading...
Please login to proceed
Sorry - extended search is only available for registered users.
