Tencent Music Entertainment (TME) stock forecast for 2021

The forecast has been updated: September 19, 2023 9:28


Tencent Music Entertainment stock price online today

Analyst Target Price

8.65

Dividend Date

-

Ex Dividend Date

-

Last Split Factor

Last Split Date

01.01.1970

Should you buy or sell Tencent Music Entertainment stock stock today? What is the projected target price level for 2021? How much will it cost in 2021? Tencent Music Entertainment stock Stock Monthly Prediction for January, February, March, April, May, July, July, August, September, October, November and December 2021.

We predict the dynamics of the stock market value using resonant artificial intelligence systems.

Technical, fundamental analyzes, news background, general geopolitical situation in the world and other factors are taken into account.

Forecasts are adjusted once a day taking into account the price change of the previous day.

To date, analysts have a $8.65 target price for Tencent Music Entertainment stock stock.

Today 200 Day Moving Average is the resistance level (7.53 $).

50 Day Moving Average is the support level (6.87 $).




TME Forecast for 2021

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %

The forecasts table above shows the forecast values of the company's stock price for each month. The Rate Forecast column displays the Optimal Average Forecast Price. The MIN Rate column displays a pessimistic forecast for this month. “MAX Rate” is an optimistic forecast. The % Volatility column represents the approximate monthly volatility of Tencent Music Entertainment stock.


Tencent Music Entertainment overview

Tencent Music Entertainment Address

UNIT 3, BUILDING D, KEXING SCIENCE PARK, KEJIZHONGSAN AVENUE, HI-TECH PARK, NANSHAN DISTRICT, SHENZHEN, CHINA

Market Capitalization

12 067 029 000 $

EBITDA

5 413 000 000

PE Ratio

18

PEG Ratio

1.383

Dividend Per Share

0

Dividend Yield

0

EPS

0.39

Quarterly Earnings Growth YOY

0.577

Quarterly Revenue Growth YOY

0.055

Trailing PE

18

Forward PE

18.15

EV To Revenue

0.396

EV To EBITDA

3.001

52 Week High

9.29

52 Week Low

3.14

50 Day Moving Average

6.87

200 Day Moving Average

7.53

Shares Outstanding

1716080000

Shares Float

Shares Short Prior Month

Short Ratio

Percent Insiders

Percent Institutions

Tencent Music Entertainment stock forecast for this year



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