Celestica (TSE:CLS) Given New C$140.00 Price Target at BMO Capital Markets

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

Several other equities research analysts also recently weighed in on CLS. Cormark boosted their target price on shares of Celestica from C$93.00 to C$137.00 in a research report on Thursday. Barclays raised shares of Celestica to a “strong-buy” rating in a research report on Tuesday, November 5th. Finally, UBS Group raised shares of Celestica to a “hold” rating in a research report on Friday, November 22nd.

Celestica Price Performance

CLS opened at C$165.78 on Thursday. The company has a 50-day moving average of C$139.06 and a 200-day moving average of C$99.85. The company 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. Celestica has a 1-year low of C$43.97 and a 1-year high of C$187.90. The company has a debt-to-equity ratio of 52.78, a quick ratio of 0.54 and a current ratio of 1.47.

Insider Buying and Selling

In related news, Director Robert Andrew Mionis sold 60,000 shares of the stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of C$110.13, for a total transaction of C$6,607,522.80. Also, Director Alok K. Agrawal sold 1,550 shares of the stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of C$119.54, for a total transaction of C$185,293.91. Insiders have sold a total of 94,354 shares of company stock worth $10,780,754 over the last quarter. 1.00% of the stock is owned by company insiders.

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.