---
title: "UOB Kay Hian Sticks to Their Buy Rating for Tencent Music Entertainment Group Class A (1698)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295689346.md"
description: "UOB Kay Hian analyst Julia Pan maintains a Buy rating on Tencent Music Entertainment Group Class A (1698) with a HK$53.00 price target. This contrasts with the broader analyst consensus, which rates the stock as a Moderate Buy with an average target of HK$54.59."
datetime: "2026-08-12T16:05:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295689346.md)
  - [en](https://longbridge.com/en/news/295689346.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295689346.md)
generator: "portal-rs"
---

# UOB Kay Hian Sticks to Their Buy Rating for Tencent Music Entertainment Group Class A (1698)

In a report released today, Julia Pan from UOB Kay Hian maintained a Buy rating on Tencent Music Entertainment Group Class A, with a price target of HK$53.00.

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Pan covers the Communication Services sector, focusing on stocks such as Tencent Holdings , Baidu, Inc. Class A, and Kuaishou Technology Class B. According to TipRanks, Pan has an average return of 0.6% and a 43.18% success rate on recommended stocks. 

Currently, the analyst consensus on Tencent Music Entertainment Group Class A is a Moderate Buy with an average price target of HK$54.59.

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