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Celestica (CLS) Got Some Good News


In a latest note to investors, a research analyst has provided a rating update for the Consumer Goods sector company, Celestica (TSX: CLS). Gabriel Leung, an analyst with Beacon, has upgraded their rating on CLS to Buy today , with a C$13 price target.

According to TipRanks.com, Leung is ranked #1477 out of 4909 analysts.

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Celestica has an analyst consensus of Moderate Buy, with a price target consensus of C$13.13.

The company has a one-year high of C$16.50 and a one-year low of C$12.27. Currently, Celestica has an average volume of 202.1K.

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$13.08.