What is Morgan Stanley's price target for TME?

Morgan Stanley's latest stated price target for Tencent Music Entertainment Group (TME) is $13, from its action on Sep 25, 2024.

What is Morgan Stanley's rating on TME?

Morgan Stanley rates TME Equal-Weight, a neutral rating, as of Mar 19, 2026.

When did Morgan Stanley last change its view on TME?

On Mar 19, 2026, Morgan Stanley downgrades to Equal-Weight from Overweight.

Analyst firms · Morgan Stanley · TME

Morgan Stanley TME price target and rating history

Tencent Music Entertainment Group (TME) · Consumer Discretionary

Morgan Stanley rates Tencent Music Entertainment Group (TME) Equal-Weight with a $13 price target, as of its latest action on Mar 19, 2026. It has published 5 rating actions on TME since July 2021, including 2 upgrades and 3 downgrades. Across 5 firms with a TME price target in the last 12 months, the median target is $12.

Current rating: Equal-Weight
Price target: $13
Median target, all firms: $12
Actions on TME: 5

Morgan Stanley price target on TME

Morgan Stanley price target on TME, each point a stated target, July 2021 to September 2024. Targets before December 2022 (divided by 3) are adjusted for a stock split, going by the prior target Morgan Stanley restated.

Every Morgan Stanley rating on TME

Mar 19, 2026
DowngradeMorgan Stanley downgrades to Equal-Weight from Overweight
Jan 21, 2025
UpgradeMorgan Stanley upgrades to Overweight from Equal-Weight
Sep 25, 2024
DowngradeMorgan Stanley downgrades to Equal-Weight from Overweight, price target $13
Dec 1, 2022
UpgradeMorgan Stanley upgrades to Overweight from Equal-Weight, price target $4.50 to $8.50
Jul 16, 2021
DowngradeMorgan Stanley downgrades to Equal-Weight from Overweight, price target $23 to $14

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 Morgan Stanley and TME

What is Morgan Stanley's price target for TME?: Morgan Stanley's latest stated price target for Tencent Music Entertainment Group (TME) is $13, from its action on Sep 25, 2024.
What is Morgan Stanley's rating on TME?: Morgan Stanley rates TME Equal-Weight, a neutral rating, as of Mar 19, 2026.
When did Morgan Stanley last change its view on TME?: On Mar 19, 2026, Morgan Stanley downgrades to Equal-Weight from Overweight.
How does Morgan Stanley'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

All Morgan Stanley ratings TME news and filings Every 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.