TD Securities Cuts Celestica Inc (CLS) Price Target to C$14.75
Celestica Inc (TSE:CLS) (NYSE:CLS) had its price target lowered by TD Securities to C$14.75 in a research note released on Friday, StockTargetPrices.com reports. TD Securities currently has a hold rating on the stock.
A number of other research firms also recently issued reports on CLS. BMO Capital Markets reissued a market perform rating and set a C$14.50 price target on shares of Celestica in a research report on Wednesday, July 26th. Royal Bank Of Canada reduced their price objective on Celestica to C$16.50 and set a sector perform rating on the stock in a research note on Friday.
Shares of Celestica (TSE:CLS) opened at 13.80 on Friday. The firm has a 50-day moving average price of $15.33 and a 200-day moving average price of $16.83. The firm has a market cap of $1.98 billion and a price-to-earnings ratio of 15.00. Celestica has a 52-week low of $13.49 and a 52-week high of $19.94.
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Celestica Company Profile
Celestica Inc is a provider of supply chain solutions. The Company operates in electronics manufacturing services business segment. The Company offers a range of services to its customers, including 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.
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