Celtic (LON:CCP) Shares Climb 0.8% – Time to Buy?

Celtic plc (LON:CCP – Get Free Report)’s stock price rose 0.8% during mid-day trading on Monday. The company traded as high as GBX 185 and last traded at GBX 185. Approximately 1,567 shares changed hands during trading, a decline of 87% from the average session volume of 12,490 shares. The stock had previously closed at GBX 183.50.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 215 target price on shares of Celtic in a report on Wednesday, September 23rd. One analyst has rated the stock with a Buy rating. According to MarketBeat.com, Celtic presently has a consensus rating of “Buy” and an average target price of GBX 215.

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Celtic Price Performance

The stock has a market cap of £175.72 million, a P/E ratio of -36.72 and a beta of 0.01. The firm has a 50-day moving average price of GBX 178.83 and a 200-day moving average price of GBX 200.83. The company has a debt-to-equity ratio of 3.50, a quick ratio of 0.86 and a current ratio of 1.42.

Celtic (LON:CCP – Get Free Report) last released its quarterly earnings results on Tuesday, September 22nd. The company reported GBX (5.03) earnings per share for the quarter. Celtic had a negative net margin of 4.31% and a negative return on equity of 3.02%. On average, analysts forecast that Celtic plc will post 10.69 earnings per share for the current fiscal year.

Celtic Company Profile

(Get Free Report)

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.

Further Reading

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