Analyst firms · Citigroup · TME
Citigroup TME price target and rating history
Tencent Music Entertainment Group (TME) · Consumer Discretionary
Citigroup rates Tencent Music Entertainment Group (TME) Buy with a $13 price target, as of its latest action on Mar 20, 2024. It has published 4 rating actions on TME since November 2021, including 2 upgrades and 2 downgrades. Across 5 firms with a TME price target in the last 12 months, the median target is $12.
- Current rating
- Buy
- Price target
- $13
- Median target, all firms
- $12
- Actions on TME
- 4
Citigroup price target on TME
Every Citigroup rating on TME
- Mar 20, 2024
- Jul 31, 2023
- May 17, 2023
- Nov 9, 2021
How other firms rate TME
Each firm's latest rating and stated target in the last 12 months.
| Firm | Rating | Price target | Date |
|---|---|---|---|
| Nomura | Neutral | $10 | Aug 13, 2026 |
| China Renaissance | Hold | $9.30 | Aug 12, 2026 |
| Morgan Stanley | Equal-Weight | Mar 19, 2026 | |
| Daiwa | Hold | $12 | Mar 18, 2026 |
| UBS | Neutral | $13 | Mar 18, 2026 |
| The Benchmark Company | Hold | Mar 18, 2026 | |
| Macquarie | Neutral | $14.10 | Mar 5, 2026 |
Questions about Citigroup and TME
- What is Citigroup's price target for TME?
- Citigroup's latest stated price target for Tencent Music Entertainment Group (TME) is $13, from its action on Mar 20, 2024.
- What is Citigroup's rating on TME?
- Citigroup rates TME Buy, a bullish rating, as of Mar 20, 2024.
- When did Citigroup last change its view on TME?
- On Mar 20, 2024, Citigroup upgrades to Buy from Neutral, price target $9 to $13.
- How does Citigroup's TME target compare with other analysts?
- Across 5 firms with a TME price target in the last 12 months, the median target is $12.
More TME rating histories
- China Renaissance5
- Morgan Stanley5
- Daiwa4
- UBS4
- The Benchmark Company4
- Macquarie3
- Deutsche Bank3
- Goldman Sachs4
- J.P. Morgan4
All Citigroup ratingsTME news and filingsEvery analyst firm
From rating actions in the Quantisnow feed. A target holds until the firm states a new one; a reiteration with no target keeps the last one. Not investment advice.