Shares of TENCENT HOLDING/ADR (OTCMKTS:TCEHY) have received a consensus rating of “Buy” from the nine ratings firms that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $227.00.
TCEHY has been the subject of a number of recent research reports. Benchmark reiterated a “buy” rating and issued a $400.00 target price (up from $360.00) on shares of TENCENT HOLDING/ADR in a report on Friday, March 22nd. HSBC assumed coverage on shares of TENCENT HOLDING/ADR in a report on Friday, February 1st. They issued a “buy” rating for the company. Zacks Investment Research lowered TENCENT HOLDING/ADR from a “hold” rating to a “sell” rating in a research note on Wednesday, March 27th. Sanford C. Bernstein restated a “mkt perform” rating on shares of TENCENT HOLDING/ADR in a research note on Monday, January 14th. Finally, ValuEngine upgraded TENCENT HOLDING/ADR from a “hold” rating to a “buy” rating in a research note on Tuesday, April 16th.
TCEHY stock opened at $48.46 on Friday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.39. The stock has a market capitalization of $453.68 billion, a P/E ratio of 47.51, a PEG ratio of 1.54 and a beta of 1.02. TENCENT HOLDING/ADR has a 1-year low of $31.54 and a 1-year high of $54.84.
TENCENT HOLDING/ADR (OTCMKTS:TCEHY) last released its quarterly earnings data on Thursday, March 21st. The technology company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.01. The firm had revenue of $12.28 billion during the quarter, compared to the consensus estimate of $12.33 billion. TENCENT HOLDING/ADR had a return on equity of 20.15% and a net margin of 25.30%. On average, sell-side analysts anticipate that TENCENT HOLDING/ADR will post 1.29 EPS for the current fiscal year.
TENCENT HOLDING/ADR Company Profile
Tencent Holdings Limited, an investment holding company, provides Internet value-added services (VAS) and online advertising services in Mainland China, Hong Kong, North America, Europe, other Asian countries, and internationally. The company operates through VAS, Online Advertising, and Others segments.
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