Celestica Inc. (TSE:CLS) Stock Has Consensus Price Target of C$430.00 According to Brokerages

Celestica Inc. (TSE:CLS) (NYSE:CLS) has been assigned a consensus rating of “Strong Buy” from the nine research firms that are presently covering the firm, MarketBeat reports. Two analysts have rated the stock with a buy rating and seven have assigned a strong buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is C$430.00.

Several equities analysts recently issued reports on CLS shares. UBS Group upgraded Celestica from a “hold” rating to a “buy” rating and set a C$430.00 price target on the stock in a research report on Monday, August 24th. FBN Securities upgraded Celestica to a “strong-buy” rating in a research report on Tuesday, September 15th. Scotiabank upgraded Celestica to a “strong-buy” rating in a research report on Tuesday, August 11th. Finally, Sanford C. Bernstein raised Celestica to a “strong-buy” rating in a research note on Wednesday, September 30th.

Celestica Price Performance

Shares of TSE:CLS opened at C$330.24 on Monday. The company has a quick ratio of 0.54, a current ratio of 1.61 and a debt-to-equity ratio of 13.18. The stock has a market cap of C$41.65 billion, a PE ratio of 31.15, a PEG ratio of 0.14 and a beta of 1.36. The company’s fifty day moving average is C$452.17 and its 200 day moving average is C$459.00. Celestica has a 52 week low of C$323.50 and a 52 week high of C$655.50.

Celestica (TSE:CLS) (NYSE:CLS) last released its quarterly earnings data on Monday, October 26th. The company reported C$4.70 EPS for the quarter. Celestica had a return on equity of 38.32% and a net margin of 6.83%. The firm had revenue of C$8.30 billion for the quarter. Research analysts anticipate that Celestica will post 5.03 earnings per share for the current year.

Celestica Company Profile

Celestica is a technology leader dedicated to driving customer success and market advancements. With deep expertise in design, engineering, manufacturing, supply chain, and platform solutions, Celestica enables critical data center infrastructure for AI, cloud and hybrid cloud, and advances technologies in high-growth markets. With a talented team and a strategic global network, Celestica helps its customers achieve competitive advantages.