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

Shares of Celestica Inc. (TSE:CLS) (NYSE:CLS) have received a consensus rating of “Moderate Buy” from the six research firms that are covering the stock, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is C$44.00.

Several equities analysts have recently issued reports on CLS shares. UBS Group raised shares of Celestica to a “hold” rating in a research note on Friday, November 22nd. Barclays raised shares of Celestica to a “strong-buy” rating in a research note on Tuesday, November 5th.

Celestica Stock Performance

TSE CLS opened at C$116.70 on Friday. Celestica has a 1 year low of C$35.13 and a 1 year high of C$130.00. The company has a current ratio of 1.47, a quick ratio of 0.54 and a debt-to-equity ratio of 52.78. The firm has a market capitalization of C$13.84 billion, a price-to-earnings ratio of 27.65, a P/E/G ratio of 0.14 and a beta of 2.23. The firm’s 50 day simple moving average is C$91.85 and its 200 day simple moving average is C$79.31.

Insider Activity

In other Celestica news, Director Robert Andrew Mionis sold 150,000 shares of the company’s stock in a transaction on Monday, October 28th. The shares were sold at an average price of C$96.83, for a total value of C$14,524,318.50. Also, Senior Officer Jason Phillips sold 18,000 shares of the stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of C$116.94, for a total transaction of C$2,104,847.21. Insiders have sold a total of 228,600 shares of company stock valued at $23,295,294 over the last quarter. Company insiders own 1.00% of the company’s stock.

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.