Brokerages Set Celestica Inc. (TSE:CLS) PT at C$110.50

Shares of Celestica Inc. (TSE:CLS - Get Free Report) NYSE: CLS have earned an average recommendation of "Buy" from the seven research firms that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation, two have given a buy recommendation and four have given a strong buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is C$110.50.

CLS has been the topic of a number of research analyst reports. BMO Capital Markets reduced their target price on Celestica from C$140.00 to C$118.00 in a report on Monday, April 28th. Argus raised Celestica to a "strong-buy" rating in a research report on Tuesday, April 29th. Canaccord Genuity Group cut their price objective on Celestica from C$138.00 to C$126.00 and set a "buy" rating on the stock in a research report on Monday, April 28th. Finally, BNP Paribas raised Celestica to a "strong-buy" rating in a research report on Wednesday, June 11th.

Celestica Trading Down 1.3%

Celestica stock traded down C$2.96 during midday trading on Tuesday, reaching C$220.82. The stock had a trading volume of 820,253 shares, compared to its average volume of 946,987. Celestica has a twelve month low of C$55.10 and a twelve month high of C$226.81. The stock has a market capitalization of C$18.68 billion, a PE ratio of 50.31, a price-to-earnings-growth ratio of 0.14 and a beta of 2.23. The company has a debt-to-equity ratio of 51.72, a quick ratio of 0.54 and a current ratio of 1.47. The stock's 50-day simple moving average is C$182.85 and its 200 day simple moving average is C$155.31.

Celestica Company Profile

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.