Published On: Wed, Oct 19th, 2016

Manchester United Ltd. (NYSE:MANU) Latest Broker Coverage


A number of investment brokers have recently updated their price targets on shares of Manchester United Ltd. (NYSE:MANU).

Most recent broker ratings

10/17/2016 – Gabelli began new coverage on Manchester United Ltd. giving the company a “buy” rating. They now have a USD 23.4 price target on the stock.

08/16/2016 – Manchester United Ltd. had its “buy” rating reiterated by analysts at Jefferies. They now have a USD 20 price target on the stock.

03/21/2016 – Manchester United Ltd. had its “neutral” rating reiterated by analysts at Nomura. They now have a USD 20.5 price target on the stock.

03/15/2016 – Manchester United Ltd. had its “outperform” rating reiterated by analysts at Credit Suisse. They now have a USD 20 price target on the stock.

09/18/2015 – Manchester United Ltd. had its “overweight” rating reiterated by analysts at JP Morgan. They now have a USD 22 price target on the stock.

04/30/2015 – Manchester United Ltd. had its “hold” rating reiterated by analysts at Zacks.

01/27/2014 – Manchester United Ltd. was downgraded to “hold” by analysts at Deutsche Bank. They now have a USD 61.2 price target on the stock.

11/15/2013 – Manchester United Ltd. had its “” rating reiterated by analysts at Raymond James. They now have a USD 17.5 price target on the stock.

The share price of Manchester United Ltd. (NYSE:MANU) was up +0.00% during the last day of trading, with a day high of 16.05. 52928 shares were traded during the last session.

The stock’s 50 day moving average is 16.82 and its 200 day moving average is 16.33. The stock’s market capitalization is 2.60B. Manchester United Ltd. has a 52-week low of 13.30 and a 52-week high of 19.74.

Manchester United plc is engaged in the operation of a professional football club together with related and ancillary activities. Its football operations primarily comprise various activities, such as its first team, reserve team, youth academy, global scouting networks and other operations, such as its sport science, medical and fitness operations at the Aon Training Complex. It operates in three sectors, including Commercial, Broadcasting and Matchday. Within the Commercial revenue sector, the Company monetizes its global brand through approximately three revenue streams, such as sponsorship; retail, merchandising, apparel and product licensing, and mobile and content. It monetizes the value of its global brand and community of followers through marketing and sponsorship relationships with international and regional companies around the world. It markets and sells sports apparel, training and leisure wear and other clothing featuring the Manchester United brand on a global basis.