Alok K. Agrawal Sells 1,763 Shares of Celestica Inc. (TSE:CLS) Stock

Celestica Inc. (TSE:CLS) (NYSE:CLS) Director Alok K. Agrawal sold 1,763 shares of the firm’s stock in a transaction dated Friday, January 31st. The stock was sold at an average price of C$183.66, for a total transaction of C$323,800.28.

Alok K. Agrawal also recently made the following trade(s):

• On Monday, December 2nd, Alok K. Agrawal sold 1,550 shares of Celestica stock. The stock was sold at an average price of C$119.54, for a total value of C$185,293.91.

Celestica Stock Performance

CLS stock opened at C$205.62 on Thursday. Celestica Inc. has a 1-year low of C$47.98 and a 1-year high of C$206.57. The business has a 50-day moving average price of C$143.39 and a 200 day moving average price of C$102.54. The company has a market capitalization of C$24.39 billion, a P/E ratio of 48.73, a PEG ratio of 0.14 and a beta of 2.23. The company has a debt-to-equity ratio of 52.78, a current ratio of 1.47 and a quick ratio of 0.54.

Analyst Upgrades and Downgrades

CLS has been the topic of several research analyst reports. Barclays raised Celestica to a “strong-buy” rating in a research report on Tuesday, November 5th. BMO Capital Markets upped their price target on shares of Celestica from C$72.00 to C$140.00 in a report on Thursday, January 30th. Cibc World Mkts upgraded shares of Celestica from a “hold” rating to a “strong-buy” rating in a report on Friday, January 31st. Cormark upped their target price on shares of Celestica from C$93.00 to C$137.00 in a research note on Thursday, January 30th. Finally, UBS Group raised shares of Celestica to a “hold” rating in a research note on Friday, November 22nd. Two research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Celestica presently has an average rating of “Buy” and an average target price of C$96.75.

About Celestica

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.