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

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Universal Music Group in the last twelve months. There are currently 1 sell rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" UMGNF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in UMGNF, but not buy additional shares or sell existing shares. View UMGNF analyst ratings or view top-rated stocks .

What is Universal Music Group's stock price target for 2024?

3 analysts have issued twelve-month target prices for Universal Music Group's stock. Their UMGNF share price targets range from $24.00 to $24.00. On average, they expect the company's share price to reach $24.00 in the next twelve months. This suggests that the stock has a possible downside of 9.2%. 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 beginning of 2023. Since then, UMGNF stock has increased by 10.0% and is now trading at $26.4250. View the best growth stocks for 2023 here .

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 .

Universal Music Group Stock Price, News & Analysis (OTCMKTS:UMGNF)

$26.43

-0.18 (-0.68%)

(As of 11/30/2023 ET)

Compare

Today's Range: $26.43
▼
$26.43
50-Day Range: $24.45
▼
$26.90
52-Week Range: $19.70
▼
$27.24

Volume: 3,670 shs
Average Volume: 13,885 shs
Market Capitalization: N/A

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $24.00

Stock Analysis Analyst Forecasts Chart Headlines Short Interest

About Universal Music Group Stock (OTCMKTS:UMGNF)

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 Stock Price History

30 days | 90 days | 365 days | Advanced Chart

UMGNF Stock News Headlines

November 18, 2023 | marketbeat.com

'Please regulate AI:' Artists push for U.S. copyright reforms but tech industry says not so fast

Country singers, romance novelists, video game artists and voice actors are appealing to the U.S. government for immediate relief from the threat that artificial intelligence poses to their livelihoods

November 28, 2023 | seekingalpha.com

Universal Music Group: Remains Steadfast Ahead

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November 22, 2023 | msn.com

Black Sheep Suffers Defeat In $750M Class Action Lawsuit Against Universal Music Group

November 20, 2023 | msn.com

Art and Culture - Universal Music Group, Ethiopia's Sewasew Multimedia Sign First of Its Kind Distribution Agrmt.

November 12, 2023 | finance.yahoo.com

UNIVERSAL MUSIC GROUP'S FAMILY OF ARTISTS AND LABELS NOMINATED ACROSS ALL GENRES FOR THE 66TH ANNUAL GRAMMY AWARDS

November 3, 2023 | msn.com

Dua Lipa Takes Ownership Of Her Publishing Rights After TaP Music Exit

November 3, 2023 | finance.yahoo.com

Universal Music Group (AMS:UMG) Knows How To Allocate Capital

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October 27, 2023 | msn.com

Universal Music Group Q3 Earnings: Long-Term Thesis Remains Strong

October 26, 2023 | finance.yahoo.com

Universal Music Group N.V. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2023

October 26, 2023 | ca.finance.yahoo.com

Taylor Swift helps fuel Universal Music Group's third-quarter revenue

October 26, 2023 | finance.yahoo.com

UPDATE 2-Taylor Swift helps fuel Universal Music Group's third-quarter revenue

October 24, 2023 | yahoo.com

Spoiler Alert: Universal Music v. Anthropic Is a Movie We’ve Seen Before

October 20, 2023 | markets.businessinsider.com

Concerns Over Market Share and Valuation Inform Sell Rating on Universal Music Group: An Analysis of Joseph Thomas’s Recommendation

October 19, 2023 | msn.com

Universal Music Sues AI Startup Anthropic Over Copyright Infringement

October 18, 2023 | ca.finance.yahoo.com

Universal Music, BandLab team up to protect artist rights amid rising AI use

October 4, 2023 | markets.businessinsider.com

Citi Remains a Hold on Universal Music Group (UMGNF)

October 4, 2023 | finance.yahoo.com

Universal Music Group NV's Dividend Analysis: A Deep Dive into its Performance and Sustainability

October 2, 2023 | finance.yahoo.com

Universal Music Group N.V. to Announce Financial Results for the Third Quarter Ended September 30, 2023

September 30, 2023 | finance.yahoo.com

Universal Music Group N.V. (AMS:UMG) Goes Ex-Dividend Soon

September 28, 2023 | markets.businessinsider.com

Analysts Are Bullish on Top NA Stocks: Universal Music Group (UMGNF), Sprout Social (SPT)

September 24, 2023 | msn.com

Universal Music Group: Bullish Long-Term Trends With Price Hike Potential

September 24, 2023 | finance.yahoo.com

Universal Music Group (AMS:UMG) Is Paying Out A Dividend Of €0.24

September 18, 2023 | msn.com

Universal Music Group Is Offering Scholarships To Black Students That Want To Become Doctors

September 15, 2023 | markets.businessinsider.com

Morgan Stanley Reaffirms Their Buy Rating on Universal Music Group (UMGNF)

September 11, 2023 | msn.com

Naoshi Fujikura on Universal Music Japan Strategy for Producing Global Stars & Future Goals: Interview

See More Headlines

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Entertainment
Sub-Industry: N/A
Sector: Communication Services
Current Symbol: OTCMKTS:UMGNF
CUSIP: N/A
CIK: N/A
Web: www.universalmusic.com
Phone: 31-88-626-1500
Fax: N/A
Employees: 9,709
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $24.00
High Stock Price Target: $24.00
Low Stock Price Target: $24.00
Potential Upside/Downside: -9.2%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

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Key Executives

Sir Lucian Grainge CBE (Age 63)
Chairman & CEO
Comp: $51.49M
Mr. Vincent Vallejo (Age 62)
Deputy CEO, Corporate & Executive Director
Comp: $2.86M
Mr. Boyd Muir (Age 64)
Executive VP, CFO & President of Operations
Comp: $9.97M
Mr. Will Tanous (Age 54)
Executive VP & Chief Administrative Officer
Mr. Jeffrey Harleston (Age 61)
General Counsel and Executive VP of Business & Legal Affairs
Mr. Eric Hutcherson (Age 53)
Executive VP and Chief People & Inclusion Officer
Mr. Michael Nash (Age 66)
Executive VP & Chief Digital Officer
Mr. Philippe Flageul (Age 58)
Executive VP & Controller
Ms. Jody Gerson (Age 62)
Chairman & CEO for Universal Music Publishing Group

Key Competitors

View All Competitors

UMGNF Stock Analysis - Frequently Asked Questions

Should I buy or sell Universal Music Group stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Universal Music Group in the last twelve months. There are currently 1 sell rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" UMGNF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in UMGNF, but not buy additional shares or sell existing shares.
View UMGNF analyst ratings or view top-rated stocks.
What is Universal Music Group's stock price target for 2024?: 3 analysts have issued twelve-month target prices for Universal Music Group's stock. Their UMGNF share price targets range from $24.00 to $24.00. On average, they expect the company's share price to reach $24.00 in the next twelve months. This suggests that the stock has a possible downside of 9.2%.
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 beginning of 2023. Since then, UMGNF stock has increased by 10.0% and is now trading at $26.4250.
View the best growth stocks for 2023 here.
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.

This page (OTCMKTS:UMGNF) was last updated on 12/1/2023 by MarketBeat.com Staff

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