Shares of Celestica Inc. (TSE:CLS - Get Free Report) NYSE: CLS have been assigned a consensus recommendation of "Buy" from the six brokerages that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold recommendation, two have given a buy recommendation and three have issued a strong buy recommendation on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is C$110.50.
Several equities analysts have recently commented on CLS shares. Cibc World Mkts upgraded Celestica from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 31st. BMO Capital Markets decreased their target price on Celestica from C$140.00 to C$118.00 in a report on Monday, April 28th. Cormark lifted their target price on Celestica from C$93.00 to C$137.00 in a report on Thursday, January 30th. Canaccord Genuity Group decreased their price target on Celestica from C$138.00 to C$126.00 and set a "buy" rating for the company in a report on Monday, April 28th. Finally, Argus raised Celestica to a "strong-buy" rating in a report on Tuesday, April 29th.
Check Out Our Latest Analysis on CLS
Celestica Price Performance
Shares of TSE CLS traded down C$6.69 during midday trading on Monday, reaching C$154.05. 86,344 shares of the stock traded hands, compared to its average volume of 1,000,188. The company has a debt-to-equity ratio of 51.72, a current ratio of 1.47 and a quick ratio of 0.54. The stock has a market capitalization of C$13.03 billion, a PE ratio of 35.10, a P/E/G ratio of 0.14 and a beta of 2.23. Celestica has a one year low of C$55.10 and a one year high of C$206.57. The company's 50 day moving average is C$128.99 and its 200 day moving average is C$139.29.
Celestica Company Profile
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Get Free ReportCelestica 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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