Tencent Music Entertainment Group Class A (HK:1698)
:1698
1698 Analyst Ratings
Strong Buy
10 Buy
2 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
1698 Stock 12 Month Forecast
Average Price Target
HK$65.47
▲(75.33% Upside)
| Highest Price TargetHK$109.35 | Average Price TargetHK$65.47 | Lowest Price TargetHK$48.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Detailed List of Analyst Forecasts
J.P. Morgan
HK$120→HK$48
Hold
28.55%
Upside
Downgraded
03/18/26
Goldman Sachs
HK$78→HK$69
Buy
84.79%
Upside
Reiterated
03/18/26
Unknown Analyst
Morgan StanleyNot Ranked
Morgan Stanley
HK$97.5
Buy
161.11%
Upside
Reiterated
03/11/26
Unknown Analyst
NomuraNot Ranked
Nomura
HK$101.4
Buy
171.56%
Upside
Reiterated
11/13/25
Analyst Type
Any
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
J.P. Morgan
HK$120→HK$48
Hold
28.55%
Upside
Downgraded
03/18/26
Goldman Sachs
HK$78→HK$69
Buy
84.79%
Upside
Reiterated
03/18/26
Unknown Analyst
Morgan StanleyNot Ranked
Morgan Stanley
HK$97.5
Buy
161.11%
Upside
Reiterated
03/11/26
Unknown Analyst
NomuraNot Ranked
Nomura
HK$101.4
Buy
171.56%
Upside
Reiterated
11/13/25
Best Analysts Covering Tencent Music Entertainment Group Class A
3 Months
xxx
Success Rate
5/6 ratings generated profit
Average Return
+30.65%
reiterated a xxx
rating 8 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 83.33% of your transactions generating a profit, with an average return of +30.65% per trade.
1 Year
2 Years
xxx
Success Rate
1/2 ratings generated profit
Average Return
-22.65%
reiterated a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 50.00% of your transactions generating a profit, with an average return of -22.65% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
1698 Analyst Recommendation Trends
Rating
Sep 25
Oct 25
Nov 25
Jan 26
Mar 26
Strong Buy
0
0
2
2
6
Buy
33
42
43
42
32
Hold
0
4
14
16
14
Sell
1
1
0
0
0
Strong Sell
0
0
0
0
0
total
34
47
59
60
52
Each month's total comprises the sum of three months' worth of ratings.
1698 Financial Forecast
1698 Stock Forecast FAQ
What is HK:1698’s average 12-month price target, according to analysts?
Based on analyst ratings, Tencent Music Entertainment Group Class A’s 12-month average price target is 65.47.
What is HK:1698’s upside potential, based on the analysts’ average price target?
Tencent Music Entertainment Group Class A has 75.33% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is Tencent Music Entertainment Group Class A a Buy, Sell or Hold?
Tencent Music Entertainment Group Class A has a consensus rating of Strong Buy, which is based on 10 buy ratings, 2 hold ratings and 0 sell ratings.
What is Tencent Music Entertainment Group Class A’s share price target?
The average share price target for Tencent Music Entertainment Group Class A is 65.47. This is based on 12 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is HK$109.35 ,and the lowest forecast is HK$48.00. The average share price target represents 75.33% Increase from the current price of HK$37.34.
The highest analyst share price target is HK$109.35 ,and the lowest forecast is HK$48.00. The average share price target represents 75.33% Increase from the current price of HK$37.34.
What do analysts say about Tencent Music Entertainment Group Class A?
Tencent Music Entertainment Group Class A’s analyst rating consensus is a Strong Buy. This is based on the ratings of 12 Wall Streets Analysts.
How can I buy shares of Tencent Music Entertainment Group Class A?
To buy shares of HK:1698, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.