Jefferies Starts Manchester United (MANU) at Buy; A League Of Their Own

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Jefferies initiates coverage on Manchester United (NYSE: MANU) with a Buy. PT $20.00.

Analyst, Randal J. Konik, said, "We view Manchester United as a key beneficiary of the changing media world where advertisers are willing to pay up for (live) content and want to associate with powerful brands that are recognized globally. With ManU still in an early stage of growth and with robust fundamentals, we find risk/reward compelling."

NOTE - Jefferies acted as Lead Book Runner in MANU's August IPO.

For an analyst ratings summary and ratings history on Manchester United click here. For more ratings news on Manchester United click here.

Shares of Manchester United closed at $13.30 yesterday, with a 52 week range of $12.80-$15.27.

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