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Celestica Inc. (TSE:CLS) Receives Average Rating of "Buy" from Analysts

Celestica logo with Computer and Technology background

Celestica Inc. (TSE:CLS - Get Free Report) NYSE: CLS has received a consensus rating of "Buy" from the six research firms that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation, two have given a buy recommendation and three have given a strong buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is C$110.50.

Several analysts have recently weighed in on CLS shares. Cormark lifted their target price on Celestica from C$93.00 to C$137.00 in a research report on Thursday, January 30th. Cibc World Mkts upgraded Celestica from a "hold" rating to a "strong-buy" rating in a research report on Friday, January 31st. Argus upgraded Celestica to a "strong-buy" rating in a research report on Tuesday, April 29th. Canaccord Genuity Group decreased their target price on Celestica from C$138.00 to C$126.00 and set a "buy" rating for the company in a research report on Monday, April 28th. Finally, BMO Capital Markets decreased their target price on Celestica from C$140.00 to C$118.00 in a research report on Monday, April 28th.

Get Our Latest Analysis on Celestica

Celestica Trading Down 2.3%

CLS traded down C$3.82 during trading on Monday, reaching C$159.69. The company had a trading volume of 415,119 shares, compared to its average volume of 1,007,941. The stock has a market cap of C$13.51 billion, a P/E ratio of 36.38, a PEG ratio of 0.14 and a beta of 2.23. The business has a 50 day simple moving average of C$128.64 and a 200-day simple moving average of C$139.14. Celestica has a 52 week low of C$55.10 and a 52 week high of C$206.57. The company has a quick ratio of 0.54, a current ratio of 1.47 and a debt-to-equity ratio of 51.72.

About Celestica

(Get Free Report

Celestica Inc provides supply chain solutions in North America, Europe, and Asia. It operates through two segments: Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services.

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Analyst Recommendations for Celestica (TSE:CLS)

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