Value Investing with Sven Carlin, Ph.D.发布 2026-09-25
《Universal Music Stock AMS: UMG Now €14 Target: €74》
$UMG未站边
在当前价位上，UMG 是一项不错的相对投资（回报率 3.7%），但缺乏足够的安全边际，不足以被归为绝对价值型标的；只有当价格下跌到足以带来 10% 回报时，它才变得有吸引力。
Universal 的股价在过去一年里下跌了 50%，差不多是这个幅度。不久前它还在 28 交易，现在只有 14。看看接下来会发生什么。
Universal's stock has dropped by 50% over the past year and something like that . It was trading at 28 a short while ago . It is now at 14 . Let's see what happens.
但也许最重要的是，就在几个月前，Bill Ackman 还准备以每股 30 的价格出手，而现在该股在 14 交易。
But perhaps most importantly, just a few months ago, Bill Ackman was prepared to pay 30 per share, and now the stock is trading at 14.