Celtic's (CCP) "Buy" Rating Reiterated at Canaccord Genuity Group

Celtic (LON:CCP - Get Free Report)'s stock had its "buy" rating reaffirmed by stock analysts at Canaccord Genuity Group in a report released on Tuesday, Marketbeat.com reports. They presently have a GBX 208 ($2.61) price target on the stock. Canaccord Genuity Group's target price suggests a potential upside of 17.38% from the stock's current price.

Celtic Stock Up 2.7 %

LON:CCP traded up GBX 4.70 ($0.06) on Tuesday, reaching GBX 177.20 ($2.23). 33 shares of the stock traded hands, compared to its average volume of 7,310. The company's fifty day simple moving average is GBX 168.60 and its 200 day simple moving average is GBX 172.32. The company has a market capitalization of £156.96 million, a price-to-earnings ratio of 12.40 and a beta of 0.36. Celtic has a 12 month low of GBX 120 ($1.51) and a 12 month high of GBX 210 ($2.64). The company has a current ratio of 1.46, a quick ratio of 0.86 and a debt-to-equity ratio of 0.92.

Celtic (LON:CCP - Get Free Report) last announced its quarterly earnings results on Tuesday, February 11th. The company reported GBX 34.70 ($0.44) earnings per share for the quarter. Celtic had a net margin of 17.19% and a return on equity of 14.28%. Equities analysts predict that Celtic will post 10.6918239 EPS 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.