Macquarie released a research report saying that it would maintain Tencent Holdings (00700.HK)'s "outperform" rating, lowering its 2022-24 earnings forecast by 1%/3%/3%, and reducing its target price by 7% to HK$433. The bank expects that the company's basic performance will rema

2025/05/3119:03:34 finance 1174

Macquarie released a research report saying that it maintained Tencent Holdings (00700.HK) "outperforms the market" rating, lowering its 2022-24 earnings forecast by 1%/3%/3%, and reducing its target price by 7% to HK$433. The bank expects that the company's basic performance will remain weak before the recovery in 2023, and the decline in advertising revenue may narrow, while games and fintech and enterprise services (FBS) may remain weak.

As of the close of October 17, 2022, Tencent Holdings (00700.HK) closed at 247.2 yuan, down 0.8%, with a turnover rate of 0.27%, a trading volume of 26.3191 million shares, and a trading volume of was 26.445 billion yuan. Investment banks' ratings on this stock are mainly buy-in. In the past 90 days, a total of 53 investment banks have given buy-in ratings , and the target average price in the past 90 days is 439.33. Tianfeng Securities 's latest research report gave Tencent Holdings a buy rating.

Institutional rating details are shown in the table below:

Macquarie released a research report saying that it would maintain Tencent Holdings (00700.HK)'s

Tencent Holdings Hong Kong stock market value is HK$2375.29 billion, ranking first in the Internet media industry. The main indicators are shown in the table below:

Macquarie released a research report saying that it would maintain Tencent Holdings (00700.HK)'s

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