Celtic (LON:CCP) Receives Buy Rating from Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their buy rating on shares of Celtic (LON:CCP) in a research note issued to investors on Tuesday, MarketBeat reports. Canaccord Genuity Group currently has a GBX 208 ($2.61) price objective on the stock.

Celtic Stock Performance

Celtic stock opened at GBX 177.20 ($2.23) on Tuesday. The firm’s 50 day simple moving average is GBX 168.60 and its 200-day simple moving average is GBX 172.32. The company has a market cap of £156.96 million, a P/E ratio of 12.40 and a beta of 0.36. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.46 and a quick ratio of 0.86. Celtic has a fifty-two week low of GBX 120 ($1.51) and a fifty-two week high of GBX 210 ($2.64).

Celtic (LON:CCP) last announced its quarterly earnings data on Tuesday, February 11th. The company reported GBX 34.70 ($0.44) EPS for the quarter. Celtic had a net margin of 17.19% and a return on equity of 14.28%. As a group, equities research analysts predict that Celtic will post 10.6918239 EPS for the current 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.