Celtic plc 30.1% potential upside indicated by Canaccord Genuity

Celtic plc with ticker (LON:CCP) now has a potential upside of 30.1% according to Canaccord Genuity.



Canaccord Genuity set a target price of 156 GBX for the company, which when compared to the Celtic plc share price of 109 GBX at opening today (16/02/2022) indicates a potential upside of 30.1%. Trading has ranged between 90 (52 week low) and 135 (52 week high) with an average of 42,630 shares exchanging hands daily. The market capitalisation at the time of writing is £102,958,195.

Celtic plc is engaged in the operation of a professional football club, with related and ancillary activities. 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 whilst the majority of operating activity is carried out by a subsidiary of Celtic plc, Celtic F.C. Limited.