TD Securities Issues Positive Forecast for Celestica (TSE:CLS) Stock Price

Celestica (TSE:CLS) (NYSE:CLS) had its price target upped by TD Securities from C$238.00 to C$305.00 in a report issued on Wednesday,BayStreet.CA reports. TD Securities currently has a hold rating on the stock.

Several other analysts have also recently commented on CLS. Citigroup upgraded shares of Celestica to a “hold” rating in a research note on Monday, July 21st. The Goldman Sachs Group raised shares of Celestica to a “strong-buy” rating in a report on Thursday, October 16th. Five analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of C$171.50.

Celestica Stock Up 4.0%

TSE:CLS opened at C$472.09 on Wednesday. Celestica has a fifty-two week low of C$82.66 and a fifty-two week high of C$496.88. The stock has a market capitalization of C$54.31 billion, a P/E ratio of 76.76, a P/E/G ratio of 0.14 and a beta of 1.52. The company has a debt-to-equity ratio of 51.72, a quick ratio of 0.54 and a current ratio of 1.47. The company’s 50-day simple moving average is C$342.20 and its 200-day simple moving average is C$243.36.

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.