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Celestica (CLS) Stock Forecast & Price Target

Celestica logo
$82.18 +1.70 (+2.11%)
(As of 11/15/2024 08:54 PM ET)

Celestica - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
1
Buy
9

Based on 10 Wall Street analysts who have issued ratings for Celestica in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 10 analysts, 1 has given a hold rating, and 9 have given a buy rating for CLS.

Consensus Price Target

$69.10
-15.92% Downside
According to the 10 analysts' twelve-month price targets for Celestica, the average price target is $69.10. The highest price target for CLS is $91.00, while the lowest price target for CLS is $53.00. The average price target represents a forecasted downside of -15.92% from the current price of $82.18.
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CLS Analyst Ratings Over Time

TypeCurrent Forecast
11/19/23 to 11/18/24
1 Month Ago
10/20/23 to 10/19/24
3 Months Ago
8/21/23 to 8/20/24
1 Year Ago
11/19/22 to 11/19/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
9 Buy rating(s)
7 Buy rating(s)
6 Buy rating(s)
7 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$69.10$61.88$58.38$26.00
Forecasted Upside-15.92% Downside7.01% Upside8.10% Upside-7.31% Downside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

CLS Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CLS Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Celestica Stock vs. The Competition

TypeCelesticaComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.90
2.67
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside-15.92% Downside552.68% Upside9.87% Upside
News Sentiment Rating
Positive News

See Recent CLS News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/5/2024Barclays
3 of 5 stars
G. Wang
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Initiated CoverageOverweight$91.00+25.83%
10/24/2024TD Securities
4 of 5 stars
 Boost TargetBuy$68.00 ➝ $70.00+4.93%
10/24/2024TD Cowen
4 of 5 stars
 Boost TargetBuy ➝ Buy$68.00 ➝ $70.00+4.28%
10/24/2024Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$58.00 ➝ $70.00+3.53%
10/24/2024Royal Bank of Canada
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 Boost TargetOutperform ➝ Outperform$65.00 ➝ $75.00+10.62%
10/24/2024BMO Capital Markets
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 Boost TargetOutperform ➝ Outperform$64.00 ➝ $72.00+25.30%
7/26/2024Canaccord Genuity Group
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 Boost TargetBuy ➝ Buy$53.00 ➝ $70.00+32.20%
7/26/2024CIBC
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 Boost TargetNeutral ➝ Neutral$58.00 ➝ $60.00+13.31%
5/15/2024Fox Advisors
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 Initiated CoverageOverweight$60.00+25.00%
1/27/2023Citigroup
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 Boost TargetNeutral$12.00 ➝ $14.00+5.03%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 01:54 AM ET.


CLS Forecast - Frequently Asked Questions

According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Celestica is $69.10, with a high forecast of $91.00 and a low forecast of $53.00.

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Celestica in the last twelve months. There is currently 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CLS shares.

According to analysts, Celestica's stock has a predicted downside of -15.92% based on their 12-month stock forecasts.

Over the previous 90 days, Celestica's stock had 1 upgrade by analysts.

Celestica has been rated by research analysts at Barclays, BMO Capital Markets, Royal Bank of Canada, Stifel Nicolaus, TD Cowen, and TD Securities in the past 90 days.

Analysts like Celestica more than other "computer and technology" companies. The consensus rating score for Celestica is 2.90 while the average consensus rating score for "computer and technology" companies is 2.67. Learn more on how CLS compares to other companies.


This page (NYSE:CLS) was last updated on 11/18/2024 by MarketBeat.com Staff
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