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Brokers' Ratings, TPs & Opinions on TENCENT (00700.HK) After Results Ann
All 15 brokers summarised by our reporters have raised their target prices on TENCENT and rated the company Buy, Overweight or Outperform respectively.Broker│Rating│Tar...
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Brokers' Ratings, TPs & Opinions on TENCENT (00700.HK) After Results Ann
Recommend
28
Positive
47
Negative
14
 
 

All 15 brokers summarised by our reporters have raised their target prices on TENCENT and rated the company Buy, Overweight or Outperform respectively.

Broker│Rating│Target Price
Citi│Buy│$459->$515
CMBI│Buy│$445->$480
CLSA│Buy│$440->$480
UBS│Buy│$438->$480
JPMorgan│Overweight│$410->$480
Jefferies│Buy│$453->$475
CITIC Securities│Buy│$398->$474
Macquarie│Outperform│$387->$473
CICC│Outperform│$418->$468
Nomura│Buy│$400->$467
Goldman Sachs│Buy│$408->$466
Daiwa│Buy│$370->$460
Huatai Securities│Buy│$415.11->$451.75
Morgan Stanley│Overweight│$400->$450
HSBC Global Research│Buy│$385->$450

Broker│Opinion
Citi│Stable execution and proactive change drove quality earnings growth
CMBI│Quality growth laid the foundation for strong earnings growth
CLSA│Successful revitalisation of legacy games
JPMorgan│Multitide of positive surprises should further boost share price
Jefferies│High-quality growth, reiterated as a top pick in the sector
Goldman Sachs│High visibility of growth momentum, strong CAGR of earnings
CITIC Securities│Video Accounts drove advertising business, profit release beat again
Macquarie│Consolidating core strengths and expanding margins
CICC│Game revenue returned to growth, improved gross margins drove beat profits
Nomura│Earnings momentum continued
UBS│1Q results beat, monetisation potential unleashed
Daiwa│Gross margins beat
Huatai Securities│Quarterly profit strongly beat, AI empowered advertising business
Morgan Stanley│Best start in years, remained top pick for large-cap Chinese tech stocks
HSBC Global Research│Earnings quality continued to improve

(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-26 16:25.)

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