---
title: "Tencent Music Entertainment Group Class A (1698) Gets a Hold from UBS"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286334287.md"
description: "In a report released yesterday, from UBS maintained a Hold rating on Tencent Music Entertainment Group Class A, with a price target of HK$50.70.Claim 55% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks Currently, the analyst consensus on Tencent Music Entertainment Group Class A is a Moderate Buy with an average price target of HK$57.74."
datetime: "2026-05-14T00:30:44.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286334287.md)
  - [en](https://longbridge.com/en/news/286334287.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286334287.md)
---

# Tencent Music Entertainment Group Class A (1698) Gets a Hold from UBS

In a report released yesterday, from UBS maintained a Hold rating on Tencent Music Entertainment Group Class A, with a price target of HK$50.70.

### Claim 55% Off TipRanks

-   Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
-   Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks

Currently, the analyst consensus on Tencent Music Entertainment Group Class A is a Moderate Buy with an average price target of HK$57.74.

### Related Stocks

- [01698.HK](https://longbridge.com/en/quote/01698.HK.md)
- [TME.US](https://longbridge.com/en/quote/TME.US.md)
- [UBS.US](https://longbridge.com/en/quote/UBS.US.md)

## Related News & Research

- [Barclays Sticks to Their Buy Rating for Tencent Music Entertainment Group (TME)](https://longbridge.com/en/news/286226022.md)
- [Tencent Music completes $2.6 billion acquisition of podcast platform Ximalaya](https://longbridge.com/en/news/286841981.md)
- [Orient Securities Sticks to Its Buy Rating for Tencent Music Entertainment Group Class A (1698)](https://longbridge.com/en/news/286898534.md)
- [Research Alert: CFRA Maintains Hold Opinion On Shares Of Tencent Music Entertainment Group](https://longbridge.com/en/news/286133320.md)
- [Maxim Group Sticks to Its Buy Rating for Newsmax Inc. Class B (NMAX)](https://longbridge.com/en/news/286573867.md)