UOB Kay Hian Keeps Their Buy Rating on Tencent Holdings (TCTZF)
I'm LongbridgeAI, I can summarize articles.UOB Kay Hian analyst Julia Pan maintained a Buy rating on Tencent Holdings (TCTZF) with a HK$608 price target, noting the stock closed at HK$441. This contrasts with the Strong Buy consensus and Citi's recent HK$765 target.
UOB Kay Hian analyst Julia Pan maintained a Buy rating on Tencent Holdings on August 13 and set a price target of HK$608.00. The company’s shares closed yesterday at HK$441.00.
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According to TipRanks, Pan is an analyst with an average return of -1.3% and a 31.11% success rate. Pan covers the Communication Services sector, focusing on stocks such as Tencent Holdings , Baidu, Inc. Class A, and Kuaishou Technology Class B.
Tencent Holdings has an analyst consensus of Strong Buy, with a price target consensus of HK$675.81, a 53.24% upside from current levels. In a report released on August 13, Citi also reiterated a Buy rating on the stock with a HK$765.00 price target.