Celtic (LON:CCP) Stock Rating Reaffirmed as “Buy” by Canaccord Genuity Group

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

Celtic Stock Performance

Shares of LON CCP traded up GBX 9.40 during midday trading on Wednesday, reaching GBX 180. The company had a trading volume of 114,349 shares, compared to its average volume of 14,204. The business’s 50-day simple moving average is GBX 195.95 and its 200 day simple moving average is GBX 207.01. The stock has a market cap of £171.25 million, a P/E ratio of 21.45 and a beta of 0.01. Celtic has a 1 year low of GBX 160 and a 1 year high of GBX 260. The company has a current ratio of 1.42, a quick ratio of 0.86 and a debt-to-equity ratio of 3.50.

Celtic (LON:CCP) last issued its earnings results on Tuesday, September 22nd. The company reported GBX (5.03) EPS for the quarter. Celtic had a negative net margin of 4.31% and a negative return on equity of 3.02%. On average, analysts forecast that Celtic will post 10.6918239 earnings per share 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.