Celtic (LON:CCP) Given Buy Rating at Canaccord Genuity Group

Celtic (LON:CCP)‘s stock had its “buy” rating reissued by investment analysts at Canaccord Genuity Group in a research report issued to clients and investors on Wednesday, Digital Look reports. They presently have a GBX 215 target price on the stock. Canaccord Genuity Group’s price target suggests a potential upside of 26.03% from the stock’s previous close.

Celtic Stock Down 2.5%

CCP opened at GBX 170.60 on Wednesday. The firm has a market cap of £162.31 million, a P/E ratio of 20.33 and a beta of 0.01. The company has a quick ratio of 0.86, a current ratio of 1.42 and a debt-to-equity ratio of 3.50. Celtic has a 52 week low of GBX 160 and a 52 week high of GBX 260. The business’s fifty day simple moving average is GBX 196.70 and its 200 day simple moving average is GBX 206.96.

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