JP Morgan Sticks To Its Buy Note For Universal Music Group By Investing.com

JP Morgan analyst Daniel Kerven maintained a buy rating on Universal Music Group (AS 🙂 on Thursday, setting a price target of 29.8 euros, or about 18.53% above the current price. of the stock of $ 28.4.

Kerven expects Universal Music Group to post earnings per share (EPS) of $ 0.00 for the fourth quarter of 2021.

The current consensus between 8 TipRanks Analysts are for a moderate buy rating of shares of Universal Music Group, with an average price target of $ 31.18.
Analysts’ price targets range from a high of $ 35.02 to a low of $ 27.11.

In its latest earnings report, released 6/30/2021, the company reported quarterly revenue of $ 0 and net income of $ 0. The market capitalization of the company is $ 52.49 billion.

According to TipRanks.com, Daniel Kerven, Analyst at JP Morgan is currently rated with 4 stars on a 0 to 5 star rating scale, with an average performance of 15.9% and a success rate of 56.58%.

Universal Music Group NV is a music entertainment company. It is engaged in three main activities: recorded music; music publishing; and merchandising. The Company’s recorded music business discovers and develops artists, supports the creation of audio and audiovisual content by artists and markets, distributes, sells and licenses such content to consumers on a wide range of formats and platforms.

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