Analyse Tencent stock

Adjusted price target: 61.50 EUR
Verdict: The consensus price target of 77.63 EUR is around 58% above the current price of 49.05 EUR and therefore outside the required plausibility range of +/-25%. A target range of up to approx. 61.31 EUR could still be confirmed directly; therefore 61.50 EUR is more plausible as a slightly adjusted but still bullish target.

Quantitative review:
Valuation: With a P/E ratio of 13.05, Tencent is not expensive compared to global large-cap tech/internet stocks, but the discount reflects China/regulatory/geopolitical risks. A jump to EUR 77.63 would imply a significantly hi...