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OTCMKTS:UMGNF

Universal Music Group (UMGNF) Stock Forecast, Price & News

$25.09
-0.28 (-1.10%)
(As of 09/26/2023 ET)
Compare
Today's Range
$25.01
$25.26
50-Day Range
$23.35
$26.24
52-Week Range
$16.35
$26.83
Volume
51,604 shs
Average Volume
13,227 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$24.00

UMGNF stock logo

About Universal Music Group (OTCMKTS:UMGNF) Stock

Universal Music Group N.V. operates as a music company worldwide. It operates through Recorded Music, Music Publishing, and Merchandising & Other segments. The Recorded Music segment discovers and develops recording artists, as well as markets and promotes their music across various formats and platforms; and engages in the live events, sponsorship, film, and television operations. The Music Publishing segment discovers and develops songwriters, as well as owns and administers the copyright for musical compositions used in recordings, public performances, and related uses, such as films and advertisements. The Merchandising & Other segment produces and sells artist and other branded products through various sales channels, including fashion retail, concert touring, and internet, as well as offers brand rights management services. The company has approximately 3 million recordings, 4 million owned and administered titles, and 220 artists/brands, as well as owns approximately 50 labels covering various music genres. Universal Music Group N.V. was incorporated in 2020 and is headquartered in Hilversum, the Netherlands.

UMGNF Price History

UMGNF Stock News Headlines

The "Plug and Play" Model Putting Online Giants to Shame
While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."
Morgan Stanley Reaffirms Their Buy Rating on Universal Music Group (UMGNF)
Is Gold Really Boring?
Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks.
See More Headlines
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Industry, Sector and Symbol

Industry
Entertainment
Sub-Industry
N/A
Current Symbol
OTCMKTS:UMGNF
CIK
N/A
Fax
N/A
Employees
9,709
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$24.00
High Stock Price Forecast
$24.00
Low Stock Price Forecast
$24.00
Forecasted Upside/Downside
-4.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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Key Executives

  • Sir Lucian Grainge CBE (Age 63)
    Chairman & CEO
    Comp: $50.83M
  • Mr. Vincent Vallejo (Age 62)
    Deputy CEO, Corp. & Exec. Director
    Comp: $2.82M
  • Mr. Boyd Muir (Age 64)
    Exec. VP, CFO & Pres of Operations
  • Mr. Will Tanous (Age 54)
    Exec. VP & Chief Admin. Officer
  • Mr. Jeffrey Harleston (Age 61)
    Gen. Counsel and Exec. VP of Bus. & Legal Affairs
  • Mr. Eric Hutcherson (Age 53)
    Exec. VP and Chief People & Inclusion Officer
  • Mr. Michael Nash (Age 66)
    Exec. VP & Chief Digital Officer
  • Mr. Philippe Flageul (Age 58)
    Exec. VP & Controller
  • Ms. Jody Gerson (Age 62)
    Chairman & CEO for Universal Music Publishing Group













UMGNF Stock - Frequently Asked Questions

Should I buy or sell Universal Music Group stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Universal Music Group in the last twelve months. There are currently 1 sell rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" UMGNF shares.
View UMGNF analyst ratings
or view top-rated stocks.

What is Universal Music Group's stock price forecast for 2023?

4 Wall Street analysts have issued 12-month price targets for Universal Music Group's shares. Their UMGNF share price forecasts range from $24.00 to $24.00. On average, they anticipate the company's stock price to reach $24.00 in the next year. This suggests that the stock has a possible downside of 4.3%.
View analysts price targets for UMGNF
or view top-rated stocks among Wall Street analysts.

How have UMGNF shares performed in 2023?

Universal Music Group's stock was trading at $24.02 at the start of the year. Since then, UMGNF stock has increased by 4.4% and is now trading at $25.0850.
View the best growth stocks for 2023 here
.

What is Universal Music Group's stock symbol?

Universal Music Group trades on the OTCMKTS under the ticker symbol "UMGNF."

How do I buy shares of Universal Music Group?

Shares of UMGNF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Universal Music Group's stock price today?

One share of UMGNF stock can currently be purchased for approximately $25.09.

How many employees does Universal Music Group have?

The company employs 9,709 workers across the globe.

How can I contact Universal Music Group?

Universal Music Group's mailing address is S-Gravelandseweg 80, Hilversum 1217 EW, Netherlands. The official website for the company is www.universalmusic.com. The company can be reached via phone at 31-88-626-1500.

This page (OTCMKTS:UMGNF) was last updated on 9/27/2023 by MarketBeat.com Staff

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