Shares of Universal Music Group (OTCMKTS:UMGNF – Get Free Report) have earned a consensus rating of “Hold” from the eight brokerages that are currently covering the stock, MarketBeat Ratings reports. Six investment analysts have rated the stock with a hold rating and two have issued a buy rating on the company.
Separately, Citigroup reiterated a “neutral” rating on shares of Universal Music Group in a report on Thursday, May 1st.
Get Our Latest Stock Analysis on UMGNF
Universal Music Group Trading Down 1.1 %
About Universal Music Group
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.
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