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

Celtic (LON:CCP)‘s stock had its “buy” rating reiterated by Canaccord Genuity Group in a research report issued on Tuesday,Digital Look reports. They presently have a GBX 208 ($2.57) price objective on the stock. Canaccord Genuity Group’s price target suggests a potential upside of 16.14% from the stock’s previous close.

Celtic Stock Performance

Shares of CCP opened at GBX 179.10 ($2.21) on Tuesday. The company has a debt-to-equity ratio of 4.32, a quick ratio of 0.86 and a current ratio of 1.46. Celtic has a 1 year low of GBX 120 ($1.48) and a 1 year high of GBX 210 ($2.60). The firm has a fifty day moving average of GBX 167.96 and a 200-day moving average of GBX 172.20. The company has a market cap of £169.84 million, a price-to-earnings ratio of 716.40 and a beta of 0.36.

Celtic (LON:CCP) last announced its quarterly earnings results on Tuesday, February 11th. The company reported GBX 34.70 ($0.43) earnings per share (EPS) for the quarter. Celtic had a return on equity of 11.65% and a net margin of 10.74%. As a group, equities analysts anticipate that Celtic will post 10.6918239 earnings per share for the current year.

Celtic Company Profile

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.