Tencent Music Entertainment Group (1698.HK)
Streams music and hosts karaoke and live performances for Chinese users
38.18+0.05%Communication Services
StockGlow Score
Leaning Bearish
BearishBullish
1 year ago-52.7%
The outlook
Tencent Music trades near its 52-week lows, with a mixed price trend against moving averages. Analyst targets average around 68% above current levels, though the StockGlow score leans bearish at 37/100. The stock's low valuation (P/E of 11.6) contrasts with the disconnect between current price and consensus targets.
What’s behind the score
Price trendMixed vs its moving averages
52-week range10% of the way from its 52-week low to high
Price targetAvg target +68% vs current price
Analyst price target
~12-month · 14 analysts64.01average target+67.7% vs now
Now 38.18
Low 40.00High 110.49
Published targets from Wall Street analysts (public data) — what analysts expect over roughly a year. This is not a StockGlow forecast and not a recommendation. Analyst targets are frequently wrong.
Market cap
$125.02B
52-wk high
104.00
52-wk low
31.16
50-day avg
34.96
200-day avg
54.68
Trailing P/E
11.6