Celtic (LON:CCP) Sets New 52-Week High – Time to Buy?

Celtic plc (LON:CCP) hit a new 52-week high on Tuesday . The company traded as high as GBX 208 and last traded at GBX 204, with a volume of 1792 shares. The stock had previously closed at GBX 199.

Analyst Upgrades and Downgrades

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

Celtic Trading Down 3.0%

The stock’s 50 day simple moving average is GBX 186.02 and its two-hundred day simple moving average is GBX 181.88. The stock has a market capitalization of £183.48 million, a PE ratio of 7.65 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 Company Profile

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.