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UBS Reaffirms Their Hold Rating on Universal Music Group (UMGNF)
UBS analyst Ben Shelley maintained a Hold rating on Universal Music Group today and set a price target of €18.00.
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According to TipRanks, Shelley is ranked #11439 out of 12068 analysts.
In addition to UBS, Universal Music Group also received a Hold from Barclays’s Julien Roch in a report issued on April 8. However, yesterday, Jefferies reiterated a Buy rating on Universal Music Group (Other OTC: UMGNF).
UMGNF market cap is currently €35.71B and has a P/E ratio of 26.58.
Read More on UMGNF:
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- Universal Music Group price target raised to EUR 22 from EUR 20 at Guggenheim
- Universal Music Group confirms receipt of Pershing Square proposal
- Midday Fly By: Health insurers get ‘positive surprise’ from CMS
- Pershing Square proposes Universal Music Group merger
- Universal Music Group downgraded to Equal Weight from Overweight at Wells Fargo
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