Analyst Price Target is $26.76
▲ +22.75% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Universal Music Group in the last 3 months. The average price target is $26.76, with a high forecast of $0.00 and a low forecast of $0.00. The average price target represents a 22.75% upside from the last price of $21.80.
Current Consensus is
The current consensus among 7 contributing investment analysts is to buy stock in Universal Music Group.
Universal Music Group N.V. operates as a music company worldwide. It operates through Recorded Music, Music Publishing, and Merchandising & Other segments. The Recorded Music segment discovers and develops recording artists, as well as markets and promotes their music across various formats and platforms; and engages in the live events, sponsorship, film, and television operations. The Music Publishing segment discovers and develops songwriters, as well as owns and administers the copyright for musical compositions used in recordings, public performances, and related uses, such as films and advertisements. The Merchandising & Other segment produces and sells artist and other branded products through various sales channels, including fashion retail, concert touring, and internet, as well as offers brand rights management services. The company has approximately 3 million recordings, 4 million owned and administered titles, and 250 artists/brands, as well as owns approximately 50 labels covering various music genres. The company was incorporated in 2020 and is headquartered in Hilversum, the Netherlands.