Tencent Music Entertainment Group Forecast and Target Price

$11.35

Tencent Music Entertainment Group (TME) Share Price Forecast

Currently 34 wall-street analysts regularly analyze the financials of Tencent Music Entertainment Group on a frequent basis to provide recommendations along with target share price. 34 analysts offering 12-month price forecasts for Tencent Music Entertainment Group (TME) have a share price target of $14.48. This median of share price forecast represents a 27.54% upside from the latest price of $11.35 as on 02.01.25.

Tencent Music Entertainment Group (TME) Price vs Consensus Price Target

Price

Target Price

As per the chart shown above, analysts believe that the Tencent Music Entertainment Group (TME) share price will touch around $14.48 in next 12-months.

Tencent Music Entertainment Group (TME) Share Price Forecast v/s Share Price Today

Below is a chart showing the percentage difference between Tencent Music Entertainment Group's share price and its median forecast price. As on 02.01.25, the difference is -89.47%

Tencent Music Entertainment Group (TME): Difference between Current Price & Median Forecasted Price

Difference in Percentage terms

Tencent Music Entertainment Group (TME) Share Price : Analyst Recommendation

Based on 34 analysts tracking and researching Tencent Music Entertainment Group (TME) share have buy recommendation on an average.

	3M Ago	1M Ago	Current
Buy	17	19	19
Outperform	8	9	10
Hold	5	5	5
Underperform	0	0	0
Sell	0	0	0

Tencent Music Entertainment Group (TME) Share Price Technical Analysis

50 Day Moving Average v/s Current Share Price

Moving Average

Price

200 Day Moving Average v/s Current Share Price

Moving Average

Price

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