Celestica (TSE:CLS) Upgraded at BNP Paribas

BNP Paribas upgraded shares of Celestica (TSE:CLS) (NYSE:CLS) to a strong-buy rating in a research note issued to investors on Wednesday,Zacks.com reports.

Several other research analysts have also recently weighed in on CLS. Argus raised shares of Celestica to a “strong-buy” rating in a research report on Tuesday, April 29th. Canaccord Genuity Group decreased their target price on shares of Celestica from C$138.00 to C$126.00 and set a “buy” rating on the stock in a research report on Monday, April 28th. Finally, BMO Capital Markets decreased their target price on shares of Celestica from C$140.00 to C$118.00 in a research report on Monday, April 28th. One research analyst has rated the stock with a hold rating, two have assigned a buy rating and four have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of C$110.50.

Celestica Stock Down 4.3%

CLS stock opened at C$170.26 on Wednesday. The firm has a 50 day moving average of C$140.85 and a 200 day moving average of C$142.71. The stock has a market capitalization of C$14.40 billion, a PE ratio of 38.79, a price-to-earnings-growth ratio of 0.14 and a beta of 2.23. The company has a quick ratio of 0.54, a current ratio of 1.47 and a debt-to-equity ratio of 51.72. Celestica has a 52 week low of C$55.10 and a 52 week high of C$206.57.

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.