---
title: "Tencent Holdings  (TCTZF) Receives a Buy from SPDB"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295993526.md"
description: "SPDB analyst maintained a Buy rating on Tencent Holdings (TCTZF) with a HK$580 price target, while shares closed at HK$440. The broader market consensus remains Strong Buy, with an average target of HK$675.33. Additionally, CGS International upheld its Buy rating with a higher target of HK$688.50."
datetime: "2026-08-15T05:06:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295993526.md)
  - [en](https://longbridge.com/en/news/295993526.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295993526.md)
generator: "portal-rs"
---

# Tencent Holdings  (TCTZF) Receives a Buy from SPDB

SPDB analyst maintained a Buy rating on Tencent Holdings yesterday and set a price target of HK$580.00. The company’s shares closed yesterday at HK$440.00.

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The word on The Street in general, suggests a Strong Buy analyst consensus rating for Tencent Holdings with a HK$675.33 average price target, a 53.48% upside from current levels. In a report released yesterday, CGS International also maintained a Buy rating on the stock with a HK$688.50 price target.

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