MANU
Manchester United PLC
ACTIONABLEMethodology gates passed
Position levels
Currenttoday
USD 21.63
Buy <=wait / entry
USD 17.83
Trim >=take some off
USD 22.50
Thesis breakThe thesis would be invalidated by Manchester United failing to qualify for any ...
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Scenario-weighted conviction
| Probability | Score | Contribution | |
|---|---|---|---|
| Bull case | 29% | 100 / 100 | 29.0 |
| Base case | 50% | 62 / 100 | 31.0 |
| Bear case | 21% | 10 / 100 | 2.1 |
| Weighted conviction | 62 / 100 - OPPORTUNISTIC BUY | ||
Top risks
- Maintained full-year revenue guidance of GBP 640m - GBP 660m and adjusted EBITDA of GBP 180m - GBP 200m
- Q1 revenue of GBP 140.3m with return to GBP 13.0m operating profit driven by cost cuts
- Analyst consensus Moderate Buy and single $30.75 12-month price target (42% upside)