Celestica Inc. (TSE:CLS - Get Free Report) NYSE: CLS shares reached a new 52-week high during trading on Friday . The company traded as high as C$212.30 and last traded at C$209.03, with a volume of 768137 shares changing hands. The stock had previously closed at C$204.95.
Wall Street Analyst Weigh In
Several research firms recently weighed in on CLS. 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 note on Monday, April 28th. Argus raised Celestica to a "strong-buy" rating in a report on Tuesday, April 29th. BMO Capital Markets lowered their target price on shares of Celestica from C$140.00 to C$118.00 in a research report on Monday, April 28th. Finally, BNP Paribas upgraded Celestica to a "strong-buy" rating in a research note on Wednesday, June 11th. One equities research analyst has rated the stock with a hold rating, two have issued a buy rating and four have given a strong buy rating to the stock. According to MarketBeat, Celestica has an average rating of "Buy" and a consensus price target of C$110.50.
View Our Latest Report on Celestica
Celestica Trading Up 2.0%
The firm's 50 day moving average is C$154.99 and its two-hundred day moving average is C$146.98. The company has a quick ratio of 0.54, a current ratio of 1.47 and a debt-to-equity ratio of 51.72. The stock has a market cap of C$17.68 billion, a price-to-earnings ratio of 47.63, a price-to-earnings-growth ratio of 0.14 and a beta of 2.23.
Celestica Company Profile
(
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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.
Further Reading
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