Analyst Price Target is $28.00
▲ +86.42% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Nuveen Premium Income Municipal Fund in the last 3 months. The average price target is $28.00, with a high forecast of $28.00 and a low forecast of $28.00. The average price target represents a 86.42% upside from the last price of $15.02.
Current Consensus is
Buy
The current consensus among 1 polled investment analysts is to buy stock in Nuveen Premium Income Municipal Fund.
Nuveen Premium Income Municipal Fund
Nuveen Premium Income Municipal Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to provide current income exempt from regular federal income tax by investing primarily in a portfolio of municipal obligations issued by state and local government authorities or certain territories of the United States. The Fund invests in municipal securities that are exempt from federal income taxes. The Fund may invest till approximately 35% of its managed assets in municipal securities. The Fund's portfolio of investments includes its investments in various sectors, such as transportation, healthcare, tax obligation/limited, tax obligation/general, education and civic organizations, water and sewer, the United States guaranteed, utilities and other. Nuveen Fund Advisors, LLC is the Fund's investment advisor.
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