▲ +5.24% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Tencent in the last 3 months. The average price target is $78.66, with a high forecast of $89.00 and a low forecast of $69.03. The average price target represents a 5.24% upside from the last price of $74.75.
The current consensus among 7 polled investment analysts is to buy stock in Tencent. This Buy consensus rating has held steady for over two years.
Tencent Holdings Limited, an investment holding company, provides value-added services (VAS) and Internet advertising services in Mainland China, the United States, Europe, and internationally. The company operates through VAS, FinTech and Business Services, Online Advertising, and Others segments. It offers online games and social network services; FinTech and cloud services; and online advertising services, such as media, social, and others advertisement services. The company is also involved in production, investment, and distribution of films and television programs for third parties, as well as copyrights licensing, merchandise sales, and other activities. In addition, it develops software; develops and operates online games; and provides information technology, information system integration, asset management, online literature, and online music entertainment services. The company was founded in 1998 and is headquartered in Shenzhen, the People's Republic of China.