BNP Paribas upgraded shares of Celestica (TSE:CLS - Free Report) NYSE: CLS to a strong-buy rating in a research report report published on Wednesday,Zacks.com reports.
Several other analysts have also commented on CLS. BMO Capital Markets dropped their price target on shares of Celestica from C$140.00 to C$118.00 in a research report on Monday, April 28th. Canaccord Genuity Group lowered their target price on shares of Celestica from C$138.00 to C$126.00 and set a "buy" rating on the stock in a research note on Monday, April 28th. Finally, Argus upgraded Celestica to a "strong-buy" rating in a research report on Tuesday, April 29th. One investment analyst has rated the stock with a hold rating, two have issued a buy rating and four have assigned a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of C$110.50.
Check Out Our Latest Analysis on Celestica
Celestica Stock Performance
CLS traded down C$7.67 during midday trading on Wednesday, hitting C$170.26. 751,026 shares of the company were exchanged, compared to its average volume of 993,014. The company's 50 day simple moving average is C$140.85 and its 200 day simple moving average is C$142.71. The firm has a market capitalization of C$14.40 billion, a price-to-earnings ratio of 38.79, a price-to-earnings-growth ratio of 0.14 and a beta of 2.23. Celestica has a 1-year low of C$55.10 and a 1-year high of C$206.57. The company has a current ratio of 1.47, a quick ratio of 0.54 and a debt-to-equity ratio of 51.72.
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.
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