Celtic plc 32.9% potential upside indicated by Canaccord Genuity

Broker Ratings

Celtic plc with ticker (LON:CCP) now has a potential upside of 32.9% according to Canaccord Genuity.

Canaccord Genuity set a target price of 173 GBX for the company, which when compared to the Celtic plc share price of 116 GBX at opening today (22/02/2023) indicates a potential upside of 32.9%. Trading has ranged between 95 (52 week low) and 145 (52 week high) with an average of 9,145 shares exchanging hands daily. The market capitalisation at the time of writing is £109,652,352.

Celtic plc is a United Kingdom-based company engaged in the operation of a professional football club. The Company’s range of activities include match ticketing, stadium operations, merchandising, events, multimedia and publications. The Company’s segments include Football and Stadium Operations, Merchandising, and Multimedia and Other Commercial Activities. The Football and Stadium Operations segment includes all football operations, ticket office, stadium and youth development. The Merchandising segment includes all retail, wholesale and e-commerce activities. The Multimedia and Other Commercial Activities segment consists of all other departments, including sponsorship and rights sales. The principal activity of the Company is to control and manage the assets of the business, while the majority of operating activity is carried out by its subsidiary, Celtic F.C. Limited.

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