MANU Crosses Above Average Analyst Target
November 22, 2017 at 08:37 AM EST
In recent trading, shares of Manchester United plc (MANU) have crossed above the average analyst 12-month target price of $20.68, changing hands for $20.70/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..