Celtic’s (CCP) Buy Rating Reaffirmed at Canaccord Genuity Group

Celtic (LON:CCP)‘s stock had its “buy” rating reissued by research analysts at Canaccord Genuity Group in a research note issued to investors on Wednesday, Digital Look reports. They presently have a GBX 215 price objective on the stock. Canaccord Genuity Group’s price objective indicates a potential upside of 19.44% from the company’s previous close.

Celtic Stock Performance

Shares of Celtic stock opened at GBX 180 on Wednesday. Celtic has a one year low of GBX 160 and a one year high of GBX 260. The company has a market cap of £171.25 million, a PE ratio of 21.45 and a beta of 0.01. The company has a debt-to-equity ratio of 3.18, a quick ratio of 0.86 and a current ratio of 1.62. The business has a 50-day simple moving average of GBX 199.45 and a 200-day simple moving average of GBX 207.56.

Celtic (LON:CCP) last issued its earnings results on Tuesday, September 22nd. The company reported GBX (5.03) earnings per share for the quarter. Celtic had a net margin of 9.12% and a return on equity of 6.79%. On average, equities research analysts forecast that Celtic will post 10.6918239 EPS for the current fiscal year.

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.