---
title: "Tencent Holdings  (TCTZF) Receives a Buy from Bank of China"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294572346.md"
description: "Bank of China maintained a Buy rating on Tencent Holdings (TCTZF) with a HK$655 price target in a July 30 report. Shares closed at HK$471.80, implying significant upside. The stock holds a Strong Buy consensus with an average target of HK$685.78. CGS International also reiterated a Buy rating on July 22 with a HK$702 target."
datetime: "2026-08-01T05:05:33.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294572346.md)
  - [en](https://longbridge.com/en/news/294572346.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294572346.md)
generator: "portal-rs"
---

# Tencent Holdings  (TCTZF) Receives a Buy from Bank of China

In a report released on July 30, from Bank of China maintained a Buy rating on Tencent Holdings , with a price target of HK$655.00. The company’s shares closed yesterday at HK$471.80.

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Tencent Holdings has an analyst consensus of Strong Buy, with a price target consensus of HK$685.78, implying a 45.35% upside from current levels. In a report released on July 22, CGS International also reiterated a Buy rating on the stock with a HK$702.00 price target.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**