Manchester United (NYSE:MANU) will announce its earnings results before the market opens on Tuesday, September 25th. Analysts expect the company to announce earnings of $0.01 per share for the quarter.
Shares of MANU stock opened at $24.50 on Tuesday. The stock has a market capitalization of $1.03 billion, a PE ratio of 91.11, a PEG ratio of 9.35 and a beta of 0.67. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.87 and a quick ratio of 0.87. Manchester United has a one year low of $16.05 and a one year high of $27.70.
MANU has been the subject of a number of research analyst reports. Deutsche Bank downgraded shares of Manchester United from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $23.00 to $21.00 in a report on Tuesday, May 22nd. Zacks Investment Research upgraded shares of Manchester United from a “hold” rating to a “buy” rating and set a $24.00 price objective for the company in a report on Wednesday, July 18th. Finally, Deutsche Bank downgraded shares of Manchester United from a “buy” rating to a “hold” rating in a report on Friday, May 25th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Manchester United has a consensus rating of “Hold” and a consensus target price of $22.00.
Manchester United Company Profile
Manchester United plc, together with its subsidiaries, owns and operates a professional sports team in the United Kingdom. The company operates Manchester United Football Club, a professional football club. It develops marketing and sponsorship relationships with regional and international companies to leverage its brand.
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