# Tencent Holdings has an analyst consensus of Strong Buy, with a price target consensus of HK$723.86.

*business · news · 2026-04-09 · Markets Insider*

## Key points

- Gary Yu from Morgan Stanley reaffirmed a Buy rating on Tencent with a HK$650 price target.
- Tencent's analyst consensus price target is HK$723.86, indicating a 47.97% potential upside.
- CGS International also maintained a Buy rating with a HK$671.50 price target on March 23.
- Tencent's current market cap is HK$4423.7B with a P/E ratio of 22.32.

**Companies:** Tencent Holdings

[Read the full story on Markets Insider](https://markets.businessinsider.com/news/stocks/morgan-stanley-reaffirms-their-buy-rating-on-tencent-holdings-tctzf-1036005958)

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