Ratings, target prices on Tencent by analysts at 24 financial institutions

Analysts’ rating and target price for Tencent stock:

BNP Paribas│Buy│HK$741

CLSA│Buy│HK$575

Goldman Sachs│Buy (Conviction Buy List)│HK$559

Everbright Securities│Buy│HK$529

Macquarie│Outperform│HK$513

Citigroup│Buy│HK$509

BofA Securities│Buy│HK$497

Jefferies│Buy│HK$491

Daiwa│Buy│HK$480 -> HK$450

Shenwan Hongyuan│Buy│HK$477

HSBC Global Research│Buy│HK$475

Deutsche Bank│Buy│HK$470

Nomura│Buy│HK$455

BOC International│Buy│HK$451

Guotai Junan International│Accumulate│HK$450.19

Morgan Stanley│Overweight│HK$450

DBS│Buy│HK$447

JPMorgan│Overweight│HK$440

Credit Suisse│Outperform│HK$437

ICBC International│Outperform│HK$432.3

CITIC Securities│Buy│HK$424

UBS│Buy│420

CICC│Neutral│410

UOB│Buy│408