Celestica (CLS) Receives a Hold from RBC Capital

RBC Capital analyst Paul Treiber maintained a Hold rating on Celestica (CLS) on July 21 and set a price target of $7.50. The company’s shares closed last Thursday at $7.11.

According to TipRanks.com, Treiber is a 5-star analyst with an average return of 22.8% and a 76.9% success rate. Treiber covers the Technology sector, focusing on stocks such as Enghouse Systems, Sierra Wireless, and BlackBerry.

Celestica has an analyst consensus of Hold, with a price target consensus of $6.69.

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The company has a one-year high of $9.29 and a one-year low of $2.63. Currently, Celestica has an average volume of 461.1K.

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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. It operates through the Advanced Technology Solutions (ATS) and Connectivity and Cloud Solutions (CCS) business segments. The ATS segment comprises of aerospace and defense, industrial, smart energy, health tech, and capital equipment businesses. The CCS segment consists of enterprise communications, telecommunications, servers, and storage businesses. Celestica was founded in 1994 and is headquartered in Toronto, Canada.

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