Canaccord Genuity Group Issues Positive Forecast for Celtic (LON:CCP) Stock Price

Celtic (LON:CCP) had its price objective increased by Canaccord Genuity Group from GBX 208 to GBX 212 in a research report sent to investors on Monday, Marketbeat reports. Canaccord Genuity Group currently has a buy rating on the stock.

Celtic Price Performance

Shares of LON CCP opened at GBX 175 on Monday. Celtic has a twelve month low of GBX 139.97 and a twelve month high of GBX 200. The firm has a fifty day simple moving average of GBX 179.54 and a 200 day simple moving average of GBX 166.67. The company has a market capitalization of £166.18 million, a PE ratio of 990.38 and a beta of 0.36. The company has a quick ratio of 0.86, a current ratio of 1.46 and a debt-to-equity ratio of 0.92.

Celtic (LON:CCP) 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%. On average, sell-side analysts forecast 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.