Celtic (LON:CCP) Reaches New 1-Year High – Here’s What Happened

Celtic plc (LON:CCP) reached a new 52-week high on Wednesday . The stock traded as high as GBX 200 and last traded at GBX 194, with a volume of 3218 shares. The stock had previously closed at GBX 193.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group raised their target price on Celtic from GBX 208 to GBX 212 and gave the company a “buy” rating in a report on Monday, September 22nd. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Celtic has a consensus rating of “Buy” and an average price target of GBX 212.

Celtic Price Performance

The company has a market cap of £184.22 million, a price-to-earnings ratio of 7.69 and a beta of 0.36. The company has a current ratio of 1.46, a quick ratio of 0.86 and a debt-to-equity ratio of 0.92. The company has a fifty day moving average price of GBX 183.32 and a two-hundred day moving average price of GBX 180.39.

About Celtic

Celtic plc, through its subsidiary, Celtic F.C. Limited, operates a professional football club in the United Kingdom. The company operates through three segments: Football and Stadium Operations, Merchandising, and Multimedia and Other Commercial Activities. It is involved in the operation of a professional football club covering various activities, including football operations and investment; operation of the Celtic FC Youth Academy; match ticketing; merchandising; partner programs; marketing and brand protection; multimedia; stadium operations; facilities and property; catering and hospitality; public and supporter relations; and human resources.