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UBS Reaffirms Their Buy Rating on Manchester United (MANU)

Tipranks - Tipranks - Wed Apr 8, 4:02AM CDT

In a report released today, Ivar Billfalk-Kelly from UBS maintained a Buy rating on Manchester United, with a price target of $29.75.

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According to TipRanks, Billfalk-Kelly is a 2-star analyst with an average return of 0.9% and a 44.16% success rate. Billfalk-Kelly covers the Consumer Cyclical sector, focusing on stocks such as SSP Group plc, Compass, and Trainline.

Currently, the analyst consensus on Manchester United is a Moderate Buy with an average price target of $29.75.

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Based on Manchester United’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $187.83 million and a net profit of $4.13 million. In comparison, last year the company earned a revenue of $203.49 million and had a GAAP net loss of $28.41 million

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