Analysts Set Celestica Inc. (TSE:CLS) PT at C$127.00

Celestica Inc. (TSE:CLS) (NYSE:CLS) has earned an average rating of “Buy” from the nine brokerages that are presently covering the stock, MarketBeat.com 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 12-month price target among brokerages that have issued a report on the stock in the last year is C$127.00.

A number of equities analysts have commented on CLS shares. Citigroup upgraded shares of Celestica to a “hold” rating in a research note on Monday, July 21st. The Goldman Sachs Group upgraded shares of Celestica to a “strong-buy” rating in a research note on Thursday, October 16th. Finally, TD Securities upgraded shares of Celestica to a “hold” rating in a research note on Friday, October 3rd.

Celestica Price Performance

Shares of CLS stock opened at C$423.31 on Thursday. The company has a debt-to-equity ratio of 51.72, a current ratio of 1.47 and a quick ratio of 0.54. The company has a market capitalization of C$48.69 billion, a P/E ratio of 92.22, a P/E/G ratio of 0.14 and a beta of 1.52. The company’s 50-day simple moving average is C$333.87 and its two-hundred day simple moving average is C$238.41. Celestica has a one year low of C$82.66 and a one year high of C$439.30.

About Celestica

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.