Analysts have been eager to weigh in on the Communication Services sector with new ratings on Sinclair Broadcast (SBGI – Research Report) and Manchester United (MANU – Research Report).
Sinclair Broadcast (SBGI)
Wells Fargo analyst Steven Cahall assigned a Sell rating to Sinclair Broadcast on January 17 and set a price target of $12.00. The company’s shares closed last Monday at $16.10.
According to TipRanks.com, Cahall is a 2-star analyst with an average return of
Currently, the analyst consensus on Sinclair Broadcast is a Hold with an average price target of $18.74.
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Manchester United (MANU)
Jefferies analyst Randal Konik maintained a Buy rating on Manchester United on January 17 and set a price target of $26.00. The company’s shares closed last Monday at $19.80.
According to TipRanks.com, Konik is a 4-star analyst with an average return of
Manchester United has an analyst consensus of Moderate Buy, with a price target consensus of $26.00.
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Read More on SBGI:
- Sinclair Broadcast and NCTC announce renewal of long-term distribution agreement
- Sinclair, Fox Corp. reach agreement to renew all Fox affiliations nationwide
- Amazon to save bankrupt Diamond Sports with $100M deal, NY Post reports
- Sinclair Broadcast agrees to global settlement in litigation with DSG
- Sinclair and Verizon reach multi-year distribution agreement, no terms
