Celestica Inc. (TSE:CLS) Given Consensus Recommendation of “Moderate Buy” by Analysts

Celestica Inc. (TSE:CLS) (NYSE:CLS) has earned a consensus recommendation of “Moderate Buy” from the five analysts that are covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is C$47.67.

A number of equities analysts have recently commented on the company. Barclays upgraded Celestica to a “strong-buy” rating in a report on Tuesday, November 5th. UBS Group upgraded shares of Celestica to a “hold” rating in a research report on Friday, November 22nd.

Insider Buying and Selling at Celestica

In related news, Director Robert Andrew Mionis sold 150,000 shares of the business’s stock in a transaction that occurred on Monday, October 28th. The stock was sold at an average price of C$96.83, for a total value of C$14,524,318.50. Also, Director Leila Wong sold 600 shares of the stock in a transaction that occurred on Wednesday, October 30th. The stock was sold at an average price of C$97.68, for a total value of C$58,605.18. Insiders have sold 228,600 shares of company stock valued at $23,295,294 in the last quarter. 1.00% of the stock is owned by insiders.

Celestica Trading Up 1.3 %

CLS opened at C$120.37 on Friday. The stock has a 50-day moving average of C$94.11 and a 200 day moving average of C$80.07. The company has a current ratio of 1.47, a quick ratio of 0.54 and a debt-to-equity ratio of 52.78. Celestica has a 12 month low of C$35.13 and a 12 month high of C$130.00. The firm has a market cap of C$14.28 billion, a P/E ratio of 28.52, a P/E/G ratio of 0.14 and a beta of 2.23.

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.