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

Celtic (LON:CCP)‘s stock had its “buy” rating restated by research analysts at Canaccord Genuity Group in a note issued to investors on Wednesday, September 23rd, Digital Look reports. They currently have a GBX 215 price objective on the stock. Canaccord Genuity Group’s price objective would indicate a potential upside of 22.86% from the company’s current price.

Celtic Trading Up 2.3%

Shares of CCP stock traded up GBX 4 on Wednesday, hitting GBX 175. The company had a trading volume of 26,177 shares, compared to its average volume of 13,648. The firm has a market cap of £166.50 million, a P/E ratio of 20.86 and a beta of 0.01. The stock’s 50-day moving average is GBX 195.07 and its two-hundred day moving average is GBX 206.87. The company has a debt-to-equity ratio of 3.50, a quick ratio of 0.86 and a current ratio of 1.42. Celtic has a twelve month low of GBX 160 and a twelve month high of GBX 260.

Celtic (LON:CCP) last posted its quarterly earnings data on Tuesday, September 22nd. The company reported GBX (5.03) EPS for the quarter. Celtic had a negative return on equity of 3.02% and a negative net margin of 4.31%. On average, equities research analysts anticipate 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.