Barclays Believes Tencent (Other OTC: TCEHY) Still Has Room to Grow

Markets

Barclays analyst Gregory Zhao maintained a rating on Tencent (Other OTC: TCEHY) today and set a price target of . The company’s shares opened today at $41.79, close to its 52-week high of $42.34.

Tencent has an analyst consensus of Moderate Buy, with a price target consensus of $46.

Tencent’s market cap is currently $400.9B and has a P/E ratio of 57.94. The company has a book value ratio of 14.2209.

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