BMO Capital Keeps Their Hold Rating on Celestica (CLS)


According to The Fly, in a new note to investors yesterday, an analyst has provided a rating update for the Consumer Goods sector company, Celestica (TSX: CLS). BMO Capital’s analyst Thanos Moschopoulos reiterates their Hold rating on the shares.

According to TipRanks.com, Moschopoulos is ranked #1502 out of 4887 analysts.

Currently, the analyst consensus on Celestica is a Moderate Buy with an average price target of C$13.13.

Celestica’s market cap is currently C$2.02B and has a P/E ratio of 20.4. The company has a Price to Book ratio of 1.19.

Celestica, Inc. engages in the provision of supply chain solutions globally to original equipment manufacturers and service providers in the communications, consumer, computing and diversified end markets. The company offers design and development, engineering services, supply chain management, new product introduction, component sourcing, electronics manufacturing, assembly and test, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics and after-market repair and return services. It offers end of applications, including servers, networking, wireless and telecommunications equipment, storage devices, optical equipment, aerospace and defense electronics, such as in-flight entertainment and guidance systems, healthcare products for diagnostic imaging, audiovisual equipment, set top boxes, printer supplies, peripherals, semiconductor equipment, industrial and green technology electronic equipment, including solar panels and inverters. Celestica was founded in 1994 and is headquartered in Toronto, Canada.

The company’s shares closed on Wednesday at C$14.46.