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

Shares of Celestica Inc. (TSE:CLS) (NYSE:CLS) have received a consensus recommendation of “Buy” from the nine analysts that are currently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating, one has given a buy rating and five have issued a strong buy rating on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is C$171.50.

Several research analysts recently commented on the stock. TD Securities raised their price target on shares of Celestica from C$238.00 to C$305.00 and gave the company a “hold” rating in a report on Wednesday. The Goldman Sachs Group upgraded shares of Celestica to a “strong-buy” rating in a report on Thursday, October 16th. Finally, Citigroup raised shares of Celestica to a “hold” rating in a research report on Monday, July 21st.

Celestica Trading Up 4.0%

TSE CLS opened at C$472.09 on Thursday. Celestica has a one year low of C$82.66 and a one year high of C$496.88. The company’s 50 day moving average price is C$342.20 and its 200 day moving average price is C$243.36. 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 firm has a market capitalization of C$54.31 billion, a price-to-earnings ratio of 76.76, a PEG ratio of 0.14 and a beta of 1.52.

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.