Celtic (LON:CCP) Sets New 12-Month High – Should You Buy?

Shares of Celtic plc (LON:CCP) hit a new 52-week high during trading on Monday . The stock traded as high as GBX 208 and last traded at GBX 193, with a volume of 7001 shares. The stock had previously closed at GBX 193.

Analyst Ratings Changes

Separately, Canaccord Genuity Group raised their target price on Celtic from GBX 208 to GBX 212 and gave the stock a “buy” rating in a research note on Monday, September 22nd. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of GBX 212.

Celtic Stock Performance

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 stock’s 50-day moving average price is GBX 186.18 and its 200 day moving average price is GBX 182.13. The firm has a market capitalization of £183.48 million, a PE ratio of 7.65 and a beta of 0.36.

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.