Celestica Inc. (TSE:CLS) Receives C$127.00 Consensus Target Price from Analysts

Shares of Celestica Inc. (TSE:CLS) (NYSE:CLS) have been given a consensus rating of “Buy” by the nine ratings firms that are currently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and five have given a strong buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is C$127.00.

A number of research firms recently issued reports on CLS. The Goldman Sachs Group raised Celestica to a “strong-buy” rating in a research report on Thursday, October 16th. TD Securities upgraded shares of Celestica to a “hold” rating in a report on Friday, October 3rd. Finally, Citigroup upgraded Celestica to a “hold” rating in a report on Monday, July 21st.

Celestica Stock Up 5.0%

TSE:CLS opened at C$415.50 on Thursday. Celestica has a 12-month low of C$82.66 and a 12-month high of C$421.89. 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 firm has a market capitalization of C$47.80 billion, a P/E ratio of 90.52, a P/E/G ratio of 0.14 and a beta of 1.52. The stock’s fifty day simple moving average is C$330.79 and its 200-day simple moving average is C$235.42.

Celestica Company Profile

Celestica Inc offers supply chain solutions. The firm operates in two segments: Advanced Technology Solutions (ATS) and Connectivity & Cloud Solutions (CCS). ATS segment consists of the ATS end market and is comprised of A&D, Industrial, Energy, HealthTech, and Capital Equipment businesses. Capital Equipment business is comprised of our semiconductor, display, and power & signal distribution equipment businesses.