![The Odd and Continuing Saga of Manchester United The Odd and Continuing Saga of Manchester United](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%200%200'%3E%3C/svg%3E)
Recently listed Manchester United PLC (NYSE:MANU) is trading at $13.25, quite below its IPO issue price of $14. The football club has been initiated for coverage by Bank of America Merrill Lynch (BAML) and Credit Suisse Group AG (NYSE:CS).
BAML maintain an initial opinion of a Neutral rating and a price objective of $15, which is likely to be achieved within 12 months. Plus factors for the stock are the club’s “high growth profile, pure play...
This content is exclusively for paying members of Hedge Fund Alpha
Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha
Don’t have an account?
Subscribe now and get 7 days free!
This article is only available for Premium Members
Subscribe today and get :
Insider Strategies and Letters to Shareholders from the Top Hedge Funds
Exclusive Access to coverage of Private, Closed-Door Investor Conferences
Hedge Fund Manager Research Currently Producing 21% – 40% Returns Annually
Don’t have an account?
Subscribe now and get 7 days free!