Celestica (TSE:CLS) Upgraded to “Hold” at TD Securities

Celestica (TSE:CLS) (NYSE:CLS) was upgraded by research analysts at TD Securities to a “hold” rating in a research note issued to investors on Friday,Zacks.com reports.

Other equities research analysts also recently issued research reports about the company. Citigroup raised Celestica to a “hold” rating in a report on Monday, July 21st. BNP Paribas raised Celestica to a “strong-buy” rating in a research report on Wednesday, June 11th. Four investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of C$127.00.

Celestica Stock Performance

Shares of CLS stock opened at C$326.12 on Friday. The stock has a market cap of C$37.51 billion, a P/E ratio of 71.05, a P/E/G ratio of 0.14 and a beta of 1.65. The company has a fifty day moving average price of C$302.73 and a two-hundred day moving average price of C$208.73. Celestica has a one year low of C$70.94 and a one year high of C$361.83. The company has a debt-to-equity ratio of 51.72, a current ratio of 1.47 and a quick ratio of 0.54.

About Celestica

Celestica Inc offers supply chain solutions. The firm operates in two segments: Advanced Technology Solutions (ATS) and Connectivity & Cloud Solutions (CCS). ATS segment consists of the ATS end market and is comprised of A&D, Industrial, Energy, HealthTech, and Capital Equipment businesses. Capital Equipment business is comprised of our semiconductor, display, and power & signal distribution equipment businesses.