ubs maintains neutral rating for rtl group with target price of 30.50 euros

RTL Group recently released its quarterly results, which fell short of market expectations.

As a result, UBS has maintained its "Neutral" rating for the company and set a target price of 30.50 euros.

Analyst Adam Berlin revised his targets downward due to the disappointing performance.

The decline in television advertising revenue, particularly in Germany, and sluggish growth in content production are the main factors contributing to this outcome.

These challenges raise concerns about RTL Group's future prospects in the current market environment.

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