Celtic plc 54.5% potential upside indicated by Canaccord Genuity

Celtic plc with ticker (LON:CCP) now has a potential upside of 54.5% according to Canaccord Genuity.



Canaccord Genuity set a target price of 190 GBX for the company, which when compared to the Celtic plc share price of 123 GBX at opening today (14/03/2024) indicates a potential upside of 54.5%. Trading has ranged between 108 (52 week low) and 140 (52 week high) with an average of 10,675 shares exchanging hands daily. The market capitalisation at the time of writing is £126,314,175.

Celtic plc is a United Kingdom-based company engaged in the operation of a professional football club. The Company’s range of activities includes 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 relations, supporter relations; and human resources. The Company’s segments include Football and Stadium Operations, Merchandising, and Multimedia and Other Commercial Activities. Football and Stadium Operations segment includes football operations, ticket office, stadium, and youth development. Merchandising segment includes all retail, wholesale, and e-commerce activities. Multimedia and Other Commercial Activities segment includes all other departments, including sponsorship and rights sales. The Company’s wholly owned subsidiary is Celtic F.C. Limited.