Universal Music Group (OTCMKTS:UMGNF – Get Free Report) was upgraded by Wolfe Research from a “peer perform” rating to an “outperform” rating in a research report issued on Tuesday, MarketBeat Ratings reports.
UMGNF has been the subject of a number of other research reports. Kepler Capital Markets downgraded Universal Music Group from a “buy” rating to a “hold” rating in a research report on Thursday, July 25th. BNP Paribas upgraded shares of Universal Music Group from a “neutral” rating to an “outperform” rating in a report on Thursday, August 29th. Guggenheim downgraded shares of Universal Music Group from a “buy” rating to a “neutral” rating in a report on Thursday, July 25th. Citigroup lowered shares of Universal Music Group from a “buy” rating to a “neutral” rating in a research report on Thursday, July 25th. Finally, Barclays lowered shares of Universal Music Group from an “overweight” rating to an “equal weight” rating in a report on Thursday, July 25th. Six analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, Universal Music Group currently has a consensus rating of “Hold”.
Read Our Latest Stock Report on UMGNF
Universal Music Group Stock Performance
Universal Music Group Company Profile
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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