ValuEngine lowered shares of TENCENT HOLDING/ADR (OTCMKTS:TCEHY) from a buy rating to a hold rating in a research report report published on Monday, February 4th.
Several other equities research analysts have also commented on TCEHY. Investec restated a hold rating on shares of TENCENT HOLDING/ADR in a research report on Thursday, January 31st. HSBC assumed coverage on TENCENT HOLDING/ADR in a report on Friday, February 1st. They issued a buy rating on the stock. Zacks Investment Research upgraded TENCENT HOLDING/ADR from a hold rating to a buy rating and set a $48.00 target price on the stock in a report on Saturday, January 26th. Barclays set a $50.00 target price on TENCENT HOLDING/ADR and gave the company a buy rating in a report on Tuesday, January 22nd. Finally, Sanford C. Bernstein restated a mkt perform rating on shares of TENCENT HOLDING/ADR in a report on Monday, January 14th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of Buy and an average target price of $49.00.
Shares of TCEHY stock traded down $0.17 on Monday, hitting $42.64. The company had a trading volume of 2,850,284 shares, compared to its average volume of 3,309,939. The stock has a market cap of $419.85 billion, a price-to-earnings ratio of 42.08, a PEG ratio of 1.42 and a beta of 1.10. The company has a current ratio of 1.02, a quick ratio of 1.01 and a debt-to-equity ratio of 0.40. TENCENT HOLDING/ADR has a twelve month low of $31.54 and a twelve month high of $60.00.
About TENCENT HOLDING/ADR
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.
Read More: New Google Finance Tool and Screening Stocks
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for TENCENT HOLDING/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TENCENT HOLDING/ADR and related companies with MarketBeat.com's FREE daily email newsletter.