Bank of America Securities: maintain the target price of HK $626 for Tencent's "buy" rating

格隆滙 · Sep 15, 2021 03:41

BofA Securities issued a report that the mainland tightened restrictions on minors to log into games, putting pressure on the game industry, but large game developers, such as Tencent (0700.HK), have many approved games in the pipeline. The bank has assumed that Tencent's game revenue forecast for the second half of this year to the first half of next year has assumed a limited contribution to new popular games revenue, and has lowered its revenue forecast from this year to the year after next by less than 1.5%. To take into account the possibility of further delays in the launch of new games. The bank lowered Tencent's target price from HK $642 to HK $626, maintaining a "buy" rating.

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美银证券：维持腾讯(0700.HK)“买入”评级目标价626港元

Bank of America Securities: maintain the target price of HK $626 for Tencent's "buy" rating

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美银证券：维持腾讯(0700.HK)“买入”评级 目标价626港元

Bank of America Securities: maintain the target price of HK $626 for Tencent's "buy" rating

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美银证券：维持腾讯(0700.HK)“买入”评级目标价626港元