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Barclays Keeps Their Hold Rating on Universal Music Group (UMGNF)

Tipranks - Tipranks - Mon Mar 9, 8:34PM CDT

Barclays analyst Julien Roch maintained a Hold rating on Universal Music Group on March 6 and set a price target of €25.00. The company’s shares closed last Friday at €17.80.

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Roch covers the Communication Services sector, focusing on stocks such as Universal Music Group, WPP, and Havas NV. According to TipRanks, Roch has an average return of 0.1% and a 43.01% success rate on recommended stocks.

In addition to Barclays, Universal Music Group also received a Hold from Guggenheim’s Michael Morris in a report issued on March 6. However, on the same day, Kepler Capital maintained a Buy rating on Universal Music Group (Other OTC: UMGNF).

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The company has a one-year high of €28.48 and a one-year low of €17.80. Currently, Universal Music Group has an average volume of 2.18M.

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