BMO Capital Markets Issues Positive Forecast for Celestica (TSE:CLS) Stock Price

Posted by Caroline Horne on Jan 31st, 2025

Celestica (TSE:CLS – Free Report) (NYSE:CLS) had its target price upped by BMO Capital Markets from C$72.00 to C$140.00 in a research report report published on Thursday,BayStreet.CA reports.

CLS has been the topic of a number of other research reports. UBS Group upgraded shares of Celestica to a “hold” rating in a report on Friday, November 22nd. Cormark lifted their price target on shares of Celestica from C$93.00 to C$137.00 in a report on Thursday. Finally, Barclays upgraded shares of Celestica to a “strong-buy” rating in a report on Tuesday, November 5th.

Check Out Our Latest Research Report on CLS

Celestica Stock Up 14.3 %

CLS stock opened at C$165.78 on Thursday. The stock has a market capitalization of C$19.66 billion, a P/E ratio of 39.28, a PEG ratio of 0.14 and a beta of 2.23. The company has a debt-to-equity ratio of 52.78, a quick ratio of 0.54 and a current ratio of 1.47. Celestica has a one year low of C$43.97 and a one year high of C$187.90. The company has a 50 day moving average price of C$139.06 and a two-hundred day moving average price of C$99.85.

Insider Activity at Celestica

In related news, Director Alok K. Agrawal sold 1,550 shares of Celestica stock in a transaction on Monday, December 2nd. The shares were sold at an average price of C$119.54, for a total transaction of C$185,293.91. Also, Director Michael M. Wilson sold 5,100 shares of Celestica stock in a transaction on Monday, January 6th. The shares were sold at an average price of C$141.77, for a total transaction of C$723,030.57. In the last 90 days, insiders have sold 94,354 shares of company stock worth $10,780,754. 1.00% of the stock is currently owned by corporate insiders.

Celestica Company Profile

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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.