Universal Music Group (UMGNF) Gets a Buy from Barclays

Analysts Offer Insights on Communication Services Companies: Universal Music Group (OtherUMGNF) and Altice Usa (ATUS)

Universal Music Group (UMGNF) Receives a Buy from Citi

Universal Music Group has an analyst consensus of Strong Buy, with a price target of €30.00. The company’s shares closed yesterday at $29.62. Thomas Singlehurst is a 3-star analyst with an average return of 2.0% and a 54.01% success rate. Singlehurst covers the Technology sector.

Universal Music Group reports Q1 results

Universal Music's artists set to return to TikTok under new pact

Universal Music's artists set to return to TikTok under new pact. Earlier this year, Universal Music accused TikTok of bullying in contract negotiations. The record company and the social media platform signed a new licensing agreement. TikTok says music from Universal Music will be available on its platform within one-to-two weeks.

Weekly Report: what happened at UMGNF last week (0422-0426)?

Weekly Report: what happened at UMGNF last week (0415-0419)?

Universal Music Group: A Harmonious Investment Tune Amid Industry Re-pricing and Strategic Growth

Weekly Report: what happened at UMGNF last week (0408-0412)?

East 72 Dynasty Trust Q1 2024 Quarterly Report

Weekly Report: what happened at UMGNF last week (0401-0405)?

Kepler Capital Sticks to Their Hold Rating for Universal Music Group (UMGNF)

Kepler Capital analyst Conor O’Shea maintained a Hold rating on Universal Music Group (UMGNF) on April 5. The company’s shares closed last Friday at $30.12. The word on the street suggests a Strong Buy analyst consensus rating for the company with a $32.21 average price target.

Universal Music Group (UMGNF) Receives a Buy from Citi

Goldman Sachs Sticks to Their Buy Rating for Universal Music Group (UMGNF)

Weekly Report: what happened at UMGNF last week (0325-0329)?

Why Spotify Technology Shares Are Gaining Today

Spotify and Universal Music Group announced expansion for promotional and social tools for UMG artists. Spotify to distribute music videos in the US. KeyBanc Capital Markets analyst sees encouraging app download and Google Search query trends. Spotify is on track for net adds of at least 77 million MAUs and 25 million subscribers.

Spotify, Universal Music shore up teamwork amid TikTok tension

Spotify, Universal Music shore up teamwork amid TikTok tension. UMG artists will be able to promote new releases with short pre-release teasers on Spotify. The move comes in the wake of UMG's ongoing fight with TikTok. Spotify stock was up 2.8%.

Weekly Report: what happened at UMGNF last week (0318-0322)?

Pershing Square - Universal Music Group:  A High-Quality, Capital-Light Business

Universal Music Group is a rapidly growing royalty on greater global consumption and monetization of music. In 2023, UMG's organic revenues grew 12% while Adjusted EBITDA grew 19%. We believe the long-term outlook for UMG is strong and that the company will continue to outperform its mid-term guidance.

Pershing Square Holdings 2023 Letter To Shareholders