Published On: Fri, Sep 9th, 2016

Manchester United PLC (MANU) Set to Announce Quarterly Earnings on Monday

Manchester United PLC (NYSE:MANU) is set to announce its Q416 earnings results on Monday, September 12th. Analysts expect the company to announce earnings of $6.50 per share and revenue of $126.96 million for the quarter.
Shares of Manchester United PLC (NYSE:MANU) traded down 1.10% on Friday, reaching $17.13. The company had a trading volume of 9,242 shares. The firm has a market capitalization of $2.81 billion, a P/E ratio of 69.92 and a beta of 0.43. The company’s 50-day moving average price is $16.40 and its 200 day moving average price is $15.78. Manchester United PLC has a 52 week low of $13.30 and a 52 week high of $19.74.
Several equities research analysts have weighed in on the company. Jefferies Group restated a “buy” rating on shares of Manchester United PLC in a report on Monday, August 29th. Zacks Investment Research downgraded Manchester United PLC from a “hold” rating to a “strong sell” rating in a report on Thursday, August 18th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. Manchester United PLC has a consensus rating of “Buy” and an average price target of $20.36.

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Manchester United PLC Company Profile
Manchester United plc, formerly Manchester United Ltd. operates a professional sports team. The Company plays spectator sports. It offers its services in commercial, broadcasting and matchday sectors. Within the commercial sector, it is engaged in sponsorship; retail, merchandising, apparel and product licensing, and mobile and content.

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