Analyst firms · UBS · TME

UBS TME price target and rating history

Tencent Music Entertainment Group (TME) · Consumer Discretionary

UBS rates Tencent Music Entertainment Group (TME) Neutral with a $13 price target, as of its latest action on Mar 18, 2026. It has published 4 rating actions on TME since November 2021, including 1 upgrade and 3 downgrades. Across 5 firms with a TME price target in the last 12 months, the median target is $12. UBS's $13 is 8% above that.

Current rating

Neutral

Price target

$13

Median target, all firms

$12

Actions on TME

4

UBS price target on TME

Every UBS rating on TME

• Mar 18, 2026
  DowngradeUBS downgrades to Neutral from Buy, price target $13
• Jan 24, 2024
  UpgradeUBS upgrades to Buy from Neutral, price target $10.50
• Nov 15, 2021
  DowngradeUBS downgrades to Neutral from Buy, price target $12 to $9
• Nov 15, 2021
  DowngradeUBS downgrades to Neutral from Buy

How other firms rate TME

Each firm's latest rating and stated target in the last 12 months.

Questions about UBS and TME

What is UBS's price target for TME?

UBS's latest stated price target for Tencent Music Entertainment Group (TME) is $13, from its action on Mar 18, 2026.

What is UBS's rating on TME?

UBS rates TME Neutral, a neutral rating, as of Mar 18, 2026.

When did UBS last change its view on TME?

On Mar 18, 2026, UBS downgrades to Neutral from Buy, price target $13.

How does UBS'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. UBS's $13 is 8% above that.

More TME rating histories

• China Renaissance5
• Morgan Stanley5
• Daiwa4
• The Benchmark Company4
• Macquarie3
• Deutsche Bank3
• Goldman Sachs4
• Citigroup4
• J.P. Morgan4

All UBS 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.