Manchester United (NYSE:MANU) Earns Coverage Optimism Score of 1.86
Media coverage about Manchester United (NYSE:MANU) has been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of press coverage by reviewing more than 6,000 news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Manchester United earned a media sentiment score of 1.86 on their scale. InfoTrie also gave news stories about the company an news buzz score of 10 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company’s share price in the near term.
Here are some of the news headlines that may have effected Manchester United’s ranking:
- Manchester United (NYSE:MANU) Receiving Somewhat Positive Media Coverage, Study Finds (americanbankingnews.com)
- Is Manchester United plc’s (NYSE:MANU) Balance Sheet Strong Enough To Weather A Storm? (finance.yahoo.com)
- Is Manchester United plc's (NYSE:MANU) Balance Sheet Strong Enough To Weather A Storm? (finance.yahoo.com)
- Man Utd & Tottenham Among Clubs in Talks With Lyon Over Signing of Tanguy Ndombele (msn.com)
- Zacks: Brokerages Expect Manchester United PLC (NYSE:MANU) Will Announce Quarterly Sales of $167.40 Million (americanbankingnews.com)
NYSE:MANU opened at $17.87 on Friday. The firm has a market capitalization of $725.11 million, a P/E ratio of 127.64, a P/E/G ratio of 3.75 and a beta of 0.66. Manchester United has a 12-month low of $16.91 and a 12-month high of $27.70. The company has a quick ratio of 1.08, a current ratio of 1.09 and a debt-to-equity ratio of 1.09.
A number of research analysts recently issued reports on MANU shares. Deutsche Bank set a $20.00 target price on Manchester United and gave the company a “hold” rating in a report on Wednesday, February 20th. Zacks Investment Research upgraded Manchester United from a “hold” rating to a “buy” rating and set a $23.00 target price for the company in a report on Thursday, February 21st. Finally, ValuEngine lowered Manchester United from a “buy” rating to a “hold” rating in a report on Wednesday, May 15th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $22.75.
COPYRIGHT VIOLATION WARNING: This article was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this article on another publication, it was copied illegally and republished in violation of United States and international copyright legislation. The original version of this article can be read at https://www.thecerbatgem.com/2019/06/16/manchester-united-nysemanu-earns-coverage-optimism-score-of-1-86.html.
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 international and regional companies to leverage its brand.
Featured Article: What is Elliott Wave theory?
Receive News & Ratings for Manchester United Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Manchester United and related companies with MarketBeat.com's FREE daily email newsletter.