FAQs
Tencent Music Entertainment Group's analyst rating consensus is a Strong Buy. This is based on the ratings of 10 Wall Streets Analysts.
How much of Tencent music is owned by Tencent? ›
Tencent owns 52.5% of TME and controls 92.6% of the voting rights.
What is the price target for TME stock? ›
Stock Price Target
High | $138.08 |
---|
Low | $85.37 |
Average | $121.97 |
Current Price | $13.29 |
Who owns TME stock? ›
Institutional Ownership and Shareholders
Largest shareholders include BlackRock Inc., Invesco Ltd., Vanguard Group Inc, Krane Funds Advisors LLC, Baillie Gifford & Co, KWEB - KraneShares CSI China Internet ETF, Aspex Management (HK) Ltd, Canada Pension Plan Investment Board, State Street Corp, and Marshall Wace, Llp .
Is Tencent a buy sell or hold? ›
Tencent Holdings Limited has a consensus rating of Strong Buy, which is based on 14 buy ratings, 1 hold ratings and 0 sell ratings. The average share price target for Tencent Holdings Limited is HK$465.25. This is based on 15 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
Who owns the most Tencent stock? ›
Tencent is a publicly traded company owned by its shareholders. Its largest shareholder is South African media company Naspers, which owns roughly a quarter of the company through its affiliate Prosus. That entity also owns stakes in several Tencent sister companies.
Does Tencent still own Tesla? ›
Wallerstein led an investment from the Chinese tech giant into Tesla in 2017, taking a 5% stake worth about $1.78 billion at the time. Tencent has since divested its stake in Tesla, and no longer holds any Tesla stock, per data compiled by Bloomberg.
Is Tencent bigger than Sony? ›
Sony Interactive Entertainment is the world's largest video game company, followed by Tencent and Microsoft Gaming.
Is Tencent Music profitable? ›
Net profits at Tencent Music Entertainment, China's largest digital music company, climbed 36% to reach $735 million (RMB5. 22 billion) in 2023 – despite revenues declining by 2% to $3.91 billion. Fourth quarter profits were worth $198 million (RMB1. 41 billion), earned from revenues 7% down at $971 million (RMB6.
What is the intrinsic value of TME stock? ›
What is intrinsic value? Tencent Music Entertainment Group's market capitalization is 21.7B USD. TME stock price is 12.62 USD. TME stock price (12.62 USD) is 1% less than its Intrinsic Value (12.75 USD).
Valuation Ratios
The trailing PE ratio is 31.31 and the forward PE ratio is 18.15. TME's PEG ratio is 1.46.
What is the target stock price goal? ›
TGT Stock Forecast FAQ
The average price target for Target is $176.76. This is based on 28 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $209.00 ,the lowest forecast is $116.00.
Should I buy TME stock? ›
Tencent Music Entertainment Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.91, and is based on 10 buy ratings, 1 hold rating, and no sell ratings.
Where is TME based? ›
TME is a family company that was established in 1990 in Łódź (Poland).
Who is the CEO of TME Pharma? ›
TME Pharma N.V. (Euronext Growth Paris: ALTME), a clinical-stage biotechnology company focused on developing novel therapies for treatment of cancer by targeting the tumor microenvironment (TME), released today a message from Aram Mangasarian, CEO of TME Pharma, to its shareholders.