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home / news releases / kweb upgrade to buy too cheap to ignore

TCEHY - KWEB: Upgrade To Buy Too Cheap To Ignore

Tencent Holdings Ltd. ADR

2024-06-08 12:05:36 ET

Summary

  • China risk has been compensated for with a cheap valuation of 0.6x PEG in the YE24-25 period.
  • Consensus earnings revision point to 25% EPS growth.
  • Consensus price targets indicate 30% upside potential.
  • The economy seems to have bottomed as has the market sentiment.

Introduction

For further details see:

KWEB: Upgrade To Buy, Too Cheap To Ignore
Stock Information
Company Name: Tencent Holdings Ltd. ADR
Stock Symbol: TCEHY
Market: OTC
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