Analyst firms · Macquarie · TME
Macquarie TME price target and rating history
Tencent Music Entertainment Group (TME) · Consumer Discretionary
Macquarie rates Tencent Music Entertainment Group (TME) Neutral with a $14.10 price target, as of its latest action on Mar 5, 2026. It has published 3 rating actions on TME since August 2021, including 1 upgrade and 2 downgrades. Across 5 firms with a TME price target in the last 12 months, the median target is $12. Macquarie's $14.10 is 18% above that.
- Current rating
- Neutral
- Price target
- $14.10
- Median target, all firms
- $12
- Actions on TME
- 3
Macquarie price target on TME
Every Macquarie rating on TME
- Mar 5, 2026
- May 17, 2023
- Aug 17, 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 Macquarie and TME
- What is Macquarie's price target for TME?
- Macquarie's latest stated price target for Tencent Music Entertainment Group (TME) is $14.10, from its action on Mar 5, 2026.
- What is Macquarie's rating on TME?
- Macquarie rates TME Neutral, a neutral rating, as of Mar 5, 2026.
- When did Macquarie last change its view on TME?
- On Mar 5, 2026, Macquarie downgrades to Neutral from Outperform, price target $14.10.
- How does Macquarie'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. Macquarie's $14.10 is 18% above that.
More TME rating histories
- China Renaissance5
- Morgan Stanley5
- Daiwa4
- UBS4
- The Benchmark Company4
- Deutsche Bank3
- Goldman Sachs4
- Citigroup4
- J.P. Morgan4
All Macquarie 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.