In a report released today, Simon Davies from Deutsche Bank maintained a Hold rating on Manchester United (MANU – Research Report), with a price target of $25.00. The company’s shares opened today at $22.26.
According to TipRanks, Davies is ranked #2352 out of 8389 analysts.
Currently, the analyst consensus on Manchester United is a Moderate Buy with an average price target of $25.50.
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MANU market cap is currently $3.64B and has a P/E ratio of -24.31.
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Manchester United Plc engages in the operation of a professional football club. It operates through the following principal sectors: Commercial, Broadcasting, and Matchday. The Commercial sector engages in sponsorship, retail, merchandising, apparel and product licensing, and new media and mobile. The Broadcasting sector engages in the distribution and broadcasting of live football content directly and indirectly through increased global exposure for their commercial partners. The Matchday sector conducts all domestic and European match day activities from Manchester United games at Old Trafford. The company was founded in 1878 and is headquartered in Manchester, the United Kingdom.
Read More on MANU:
- Manchester United Gains on Upbeat Outlook
- MANU Stock Jumps as Negotiations over Potential Sale Continue
- Manchester United sale talks ongoing with multiple parties, BBC reports
- Manchester United has not granted exclusivity to any party yet, Sky reports
- Sheikh Jassim still waiting to hear on Manchester United exclusivity, Sky says
