Celtic (LON:CCP) Stock Price Expected to Rise, Canaccord Genuity Group Analyst Says

Key Points

• Analysts at Canaccord Genuity Group have raised their price target for Celtic (LON:CCP) from GBX 208 to GBX 212, indicating a potential 32.5% upside from its current price.
• Celtic's stock opened at GBX 160 on Monday, experiencing a decline of 4.8%.
• The company's latest earnings report showed earnings per share of GBX 35.78 and a net margin of 17.19%.

Celtic (LON:CCP - Get Free Report) had its price target upped by analysts at Canaccord Genuity Group from GBX 208 to GBX 212 in a report released on Monday,Digital Look reports. The firm currently has a "buy" rating on the stock. Canaccord Genuity Group's target price points to a potential upside of 32.50% from the company's current price.

Celtic Stock Down 4.8%

CCP stock opened at GBX 160 on Monday. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.46 and a quick ratio of 0.86. The firm has a market capitalization of £151.93 million, a PE ratio of 905.49 and a beta of 0.36. Celtic has a 12 month low of GBX 139.97 and a 12 month high of GBX 200. The company's 50 day simple moving average is GBX 180.14 and its 200-day simple moving average is GBX 166.48.

Celtic (LON:CCP - Get Free Report) last announced its earnings results on Friday, September 19th. The company reported GBX 35.78 earnings per share for the quarter. Celtic had a net margin of 17.19% and a return on equity of 14.28%. Equities analysts expect 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.

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