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Manchester United PLC (NYSE:MANU) has been downgraded to Strong Sell in a statement by Zacks Investment Research earlier today.

Boasting a price of $16.35, Manchester United PLC (NYSE:MANU) traded 0.64% higher on the day. The last close is up 9.64% relative to the 200-day average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the same time. The company has registered a 50-day average of $16.31 and 200-day average of $15.79. 40,300 shares of Manchester United PLC traded, up from ann avg. volume of 30,702

Zacks Investment Research has downgraded Manchester United PLC(NYSE:MANU) to Strong Sell in a statement released Thursday August 18 2016.

Previously on 8/16/2016, Jefferies & Co released a statement on Manchester United PLC(NYSE:MANU) lowered the target price from $21.00 to $20.00 that suggested an upside of 0.22%.

Recent Performance Chart:

Manchester United PLC (NYSE:MANU)

Also covering Manchester United PLC’s stock price target, a total of 5 firms have released a ratings update on the stock. The average target is $1,424.22 with one firm rating the company a strong buy, two firms rating the company a buy, two firms rating the stock a hold, 0 rating the stock to underperform, and finally 0 brokerages rating the company as sell.

Manchester United PLC has a PE of 59 with a 52 week low of $13.30 and a 52 week high of $19.74. The company’s market capitalization is presently $0.0.

Brief Synopsis About Manchester United PLC (NYSE:MANU)

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. It markets and sells sports apparel, training and leisure wear and other clothing under the Manchester United brand across the globe. Its broadcasting sector is engaged in the distribution of live football content. Its television channel, MUTV, delivers Manchester United programming to over 90 countries. Matchday sector includes domestic and European football match day activities from Manchester United games at Old Trafford, the Manchester United football stadium, along with receipts for domestic cup, such as the Football League Cup sponsored by Capital One (the League Cup) and the Emirates FA Cup (the FA Cup), and and games not played at Old Trafford.

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