Analysts have been eager to weigh in on the Communication Services sector with new ratings on IHS Holding (IHS – Research Report), Tencent Holdings Limited (TCTZF – Research Report) and Sphere Entertainment (SPHR – Research Report).
IHS Holding (IHS)
Wells Fargo analyst Eric Luebchow maintained a Buy rating on IHS Holding yesterday and set a price target of $8.50. The company’s shares closed last Tuesday at $3.31, close to its 52-week low of $2.18.
According to TipRanks.com, Luebchow is a 2-star analyst with an average return of
IHS Holding has an analyst consensus of Strong Buy, with a price target consensus of $9.38.
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Tencent Holdings Limited (TCTZF)
Bernstein analyst Robin Zhu maintained a Buy rating on Tencent Holdings Limited today and set a price target of HK$455.00. The company’s shares closed last Tuesday at $51.20.
According to TipRanks.com, Zhu is a 3-star analyst with an average return of
Tencent Holdings Limited has an analyst consensus of Strong Buy, with a price target consensus of $53.37.
Sphere Entertainment (SPHR)
J.P. Morgan analyst David Karnovsky maintained a Hold rating on Sphere Entertainment yesterday and set a price target of $37.00. The company’s shares closed last Tuesday at $38.01.
According to TipRanks.com, Karnovsky is a 4-star analyst with an average return of
Currently, the analyst consensus on Sphere Entertainment is a Hold with an average price target of $37.50, a -3.7% downside from current levels. In a report issued on May 13, Seaport Global also maintained a Hold rating on the stock.
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