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Universal Music Group - UMGNF Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $0.00
  • Forecasted Upside: -100.00%
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 6 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$24.39 As of 11/15/2024 01:00 AM ET
▼ -0.55 (-2.21%)

This chart shows the closing price for UMGNF by one month, three months, or twelve months.

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Analyst Price Target for UMGNF

Analyst Price Target is $0.00
▼ -100.00% Downside Potential
This price target is based on 8 analysts offering 12 month price targets for Universal Music Group in the last 3 months. The average price target is $0.00, with a high forecast of $0.00 and a low forecast of $10,000,000.00. The average price target represents a -100.00% upside from the last price of $24.39.

This chart shows the closing price for UMGNF for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 8 polled investment analysts is to hold stock in Universal Music Group. This rating has held steady since June 2024, when it changed from a Moderate Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 1 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 2 sell ratings
Ratings as of
5/27/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
8/25/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
11/23/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
2/21/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
5/21/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
8/19/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 6 hold ratings
  • 0 sell ratings
Ratings as of
10/18/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 6 hold ratings
  • 0 sell ratings
Ratings as of
11/17/2024

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 6 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
10/15/2024Wolfe ResearchUpgradePeer Perform ➝ Outperform
8/29/2024BNP ParibasUpgradeNeutral ➝ Outperform
7/25/2024Wells Fargo & CompanyDowngradeOverweight ➝ Equal Weight
7/25/2024GuggenheimDowngradeBuy ➝ Neutral
7/25/2024CitigroupDowngradeBuy ➝ Neutral
7/25/2024Kepler Capital MarketsDowngradeBuy ➝ Hold
7/25/2024BarclaysDowngradeOverweight ➝ Equal Weight
7/12/2024Wolfe ResearchInitiated CoveragePeer Perform
5/20/2024HSBCUpgradeReduce ➝ Hold
10/4/2023CitigroupBoost Target€25.00
9/15/2023Morgan StanleyInitiated CoverageOverweight
9/13/2023Deutsche Bank AktiengesellschaftBoost Target€28.00
7/27/2023Credit Suisse GroupBoost Target€25.20
7/27/2023BarclaysBoost Target€26.50
4/27/2023Credit Suisse GroupBoost Target€24.30
4/6/2023BNP ParibasDowngradeOutperform ➝ Underperform
1/31/2023Morgan StanleyBoost Target€36.00
1/23/2023Credit Suisse GroupBoost Target€25.50
1/18/2023JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight€29.00 ➝ €29.20
10/31/2022Credit Suisse GroupLower Target€24.00
10/28/2022JPMorgan Chase & Co.Lower TargetOverweight ➝ Overweight€30.00 ➝ €29.00
10/25/2022Deutsche Bank AktiengesellschaftLower TargetBuy ➝ Buy€29.00 ➝ €25.00
7/20/2022Credit Suisse GroupLower TargetOutperform ➝ Outperform€25.80 ➝ €25.20
7/20/2022HSBCDowngradeHold ➝ Reduce
7/4/2022The Goldman Sachs GroupUpgradeBuy ➝ Conviction-Buy
5/5/2022Deutsche Bank AktiengesellschaftBoost Target€25.00 ➝ €29.00
5/4/2022Credit Suisse GroupBoost Target€25.00 ➝ €25.80
5/2/2022GuggenheimInitiated CoverageBuy$25.00
3/14/2022BarclaysUpgradeUnderweight ➝ Overweight$24.00
3/11/2022Deutsche Bank AktiengesellschaftInitiated CoverageBuy
1/21/2022JPMorgan Chase & Co.Boost Target€29.80 ➝ €30.00
1/19/2022The Goldman Sachs GroupInitiated CoverageBuy
1/4/2022Jefferies Financial GroupInitiated CoverageBuy
10/28/2021JPMorgan Chase & Co.Reiterated RatingOverweight
10/28/2021Morgan StanleyUpgradeOverweight
(Data available from 11/17/2019 forward)

News Sentiment Rating

0.14 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 7 very positive mentions
  • 21 positive mentions
  • 8 negative mentions
  • 1 very negative mentions
Mentions as of
4/21/2024
  • 7 very positive mentions
  • 24 positive mentions
  • 9 negative mentions
  • 1 very negative mentions
Mentions as of
5/21/2024
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/20/2024
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/20/2024
  • 4 very positive mentions
  • 9 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
Mentions as of
8/19/2024
  • 3 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/18/2024
  • 1 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
10/18/2024
  • 4 very positive mentions
  • 20 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
11/17/2024

Current Sentiment

  • 4 very positive mentions
  • 20 positive mentions
  • 2 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Universal Music Group logo
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.
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Today's Range

Now: $24.39
Low: $24.16
High: $25.01

50 Day Range

MA: $25.68
Low: $24.39
High: $27.33

52 Week Range

Now: $24.39
Low: $22.53
High: $32.24

Volume

21,820 shs

Average Volume

16,235 shs

Market Capitalization

N/A

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Universal Music Group?

The following equities research analysts have issued research reports on Universal Music Group in the last twelve months: Barclays PLC, BNP Paribas, Citigroup Inc., Guggenheim, HSBC Holdings plc, Kepler Capital Markets, Wells Fargo & Company, and Wolfe Research.
View the latest analyst ratings for UMGNF.

What is the current price target for Universal Music Group?

0 Wall Street analysts have set twelve-month price targets for Universal Music Group in the last year. has the lowest price target set, forecasting a price of $10,000,000.00 for Universal Music Group in the next year.
View the latest price targets for UMGNF.

What is the current consensus analyst rating for Universal Music Group?

Universal Music Group currently has 6 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in UMGNF, but not buy more shares or sell existing shares.
View the latest ratings for UMGNF.

What other companies compete with Universal Music Group?

Other companies that are similar to Universal Music Group include AB International Group, AFC Ajax, Alliance Entertainment, Anghami and Appreciated Media. Learn More about companies similar to Universal Music Group.

How do I contact Universal Music Group's investor relations team?

Universal Music Group's physical mailing address is S-Gravelandseweg 80, Hilversum 1217 EW, Netherlands. The company's listed phone number is 31-88-626-1500. The official website for Universal Music Group is www.universalmusic.com. Learn More about contacing Universal Music Group investor relations.