Celestica (TSE:CLS - Free Report) NYSE: CLS had its price objective increased by BMO Capital Markets from C$72.00 to C$140.00 in a report released on Thursday morning, MarketBeat Ratings reports.
Other equities research analysts have also recently issued reports about the company. Cormark upped their target price on Celestica from C$93.00 to C$137.00 in a research note on Thursday. UBS Group upgraded Celestica to a "hold" rating in a research report on Friday, November 22nd. Finally, Barclays raised Celestica to a "strong-buy" rating in a research note on Tuesday, November 5th. Two equities research analysts have rated the stock with a hold rating, one has given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of C$96.75.
Check Out Our Latest Stock Report on CLS
Celestica Price Performance
TSE:CLS traded down C$3.32 during trading hours on Thursday, reaching C$176.11. 997,752 shares of the company were exchanged, compared to its average volume of 857,953. The business has a 50 day moving average of C$140.97 and a 200 day moving average of C$101.14. Celestica has a 1-year low of C$47.98 and a 1-year high of C$194.05. The company has a debt-to-equity ratio of 52.78, a current ratio of 1.47 and a quick ratio of 0.54. The company has a market capitalization of C$20.89 billion, a P/E ratio of 41.73, a P/E/G ratio of 0.14 and a beta of 2.23.
Insider Buying and Selling at Celestica
In other news, Director Robert Andrew Mionis sold 60,000 shares of Celestica stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of C$110.13, for a total value of C$6,607,522.80. Also, Director Alok K. Agrawal sold 1,550 shares of the company's stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of C$119.54, for a total value of C$185,293.91. Over the last 90 days, insiders sold 94,354 shares of company stock worth $10,780,754. 1.00% of the stock is currently owned by insiders.
About Celestica
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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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