TheScreener - Tencent Music Entertainment Group Sponsored ADR Class A (TME) TENCENT MUSIC ENTER sees a downgrade to Negative on account of less fundamental stars

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TENCENT MUSIC ENTER sees a downgrade to Negative on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of TENCENT MUSIC ENTER (US), active in the Broadcasting & Entertainment industry. As regards its fundamental valuation, the title now shows 2 out of 4 stars while market behaviour can be considered risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Negative. As of the analysis date January 21, 2022, the closing price was USD 6.39 and its target price was estimated at USD 4.29.

22/01/2022 1 EN

Underlying

Tencent Music Entertainment Group Sponsored ADR Class A

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US88034P1093 New York Stock Exchange Cayman Islands

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TheScreener

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TENCENT MUSIC ENTER sees a downgrade to Negative on account of less fundamental stars

Empowering Investors

TME 3Q24 Results: Further Upside in Margin in FY25

PROSUS: RDOS. 2T’24 DE TENCENT (ANÁLISIS BANCO SABADELL)

TME 2Q24 Results: Focus Shift Towards ARPU

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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