TD Securities Increases Celestica (TSE:CLS) Price Target to C$61.00

Celestica (TSE:CLS) (NYSE:CLS) had its target price upped by TD Securities from C$55.00 to C$61.00 in a report published on Friday, MarketBeat reports. They currently have a buy rating on the stock.

Separately, CIBC cut shares of Celestica from an outperform rating to a neutral rating and lifted their price target for the stock from C$41.00 to C$49.00 in a research note on Friday, April 26th.

Celestica Price Performance

CLS stock opened at C$69.25 on Friday. Celestica has a 12 month low of C$27.05 and a 12 month high of C$86.89. The company has a current ratio of 1.42, a quick ratio of 0.54 and a debt-to-equity ratio of 48.65. The company has a 50-day moving average price of C$77.48 and a 200 day moving average price of C$64.31. The stock has a market cap of C$8.23 billion, a PE ratio of 18.77, a P/E/G ratio of 0.14 and a beta of 2.35.

Insider Activity at Celestica

In related news, Senior Officer Todd Christopher Cooper sold 12,500 shares of Celestica stock in a transaction dated Tuesday, June 4th. The shares were sold at an average price of C$52.45, for a total transaction of C$655,625.00. In related news, Senior Officer Todd Christopher Cooper sold 12,500 shares of Celestica stock in a transaction dated Tuesday, June 4th. The shares were sold at an average price of C$52.45, for a total transaction of C$655,625.00. Also, Senior Officer Mandeep Chawla sold 13,700 shares of Celestica stock in a transaction dated Thursday, June 13th. The shares were sold at an average price of C$76.51, for a total transaction of C$1,048,187.00. Insiders sold 68,700 shares of company stock worth $3,983,829 in the last 90 days. 0.99% of the stock is owned by corporate insiders.

About Celestica

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.