TD Issues Positive Forecast for Celestica (NYSE:CLS) Stock Price

Celestica (NYSE:CLS) (TSE:CLS) had its price objective hoisted by TD from $330.00 to $350.00 in a research report released on Monday morning,BayStreet.CA reports. TD currently has a hold rating on the technology company’s stock.

Other equities research analysts have also recently issued research reports about the company. Aletheia Capital increased their price objective on Celestica from $330.00 to $410.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. Weiss Ratings reiterated a “buy (b)” rating on shares of Celestica in a report on Wednesday, January 21st. Wall Street Zen upgraded Celestica from a “hold” rating to a “buy” rating in a report on Friday, January 23rd. Canadian Imperial Bank of Commerce increased their price objective on Celestica from $360.00 to $425.00 and gave the stock an “outperformer” rating in a report on Tuesday, April 14th. Finally, Susquehanna initiated coverage on Celestica in a report on Wednesday, April 1st. They issued a “positive” rating and a $375.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, Celestica presently has a consensus rating of “Moderate Buy” and a consensus price target of $369.68.

Celestica Trading Up 1.2%

NYSE CLS opened at $400.59 on Monday. Celestica has a fifty-two week low of $78.84 and a fifty-two week high of $404.95. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.88 and a current ratio of 1.44. The stock has a 50 day simple moving average of $296.37 and a two-hundred day simple moving average of $301.39. The stock has a market cap of $46.06 billion, a P/E ratio of 55.79 and a beta of 1.88.

Insider Transactions at Celestica

In other news, President Jason Phillips sold 100,000 shares of the stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $308.92, for a total value of $30,892,000.00. Following the completion of the transaction, the president owned 12,584 shares of the company’s stock, valued at approximately $3,887,449.28. This represents a 88.82% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Yann L. Etienvre sold 86,229 shares of the stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $287.45, for a total value of $24,786,526.05. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 297,923 shares of company stock valued at $88,027,459. Corporate insiders own 0.52% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Celestica in the 4th quarter worth approximately $28,000. Swiss RE Ltd. bought a new position in shares of Celestica in the 4th quarter worth approximately $29,000. Cullen Frost Bankers Inc. bought a new position in Celestica during the 4th quarter valued at approximately $30,000. Sittner & Nelson LLC bought a new position in Celestica during the 4th quarter valued at approximately $31,000. Finally, MassMutual Private Wealth & Trust FSB increased its position in Celestica by 42.5% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 124 shares of the technology company’s stock valued at $31,000 after buying an additional 37 shares in the last quarter. Institutional investors own 67.38% of the company’s stock.

Trending Headlines about Celestica

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Bank of America raised its price target to $430 and maintains a “buy” call — a clear bullish catalyst that supports further upside. Bank of America raises PT to $430
• Positive Sentiment: Zacks published multiple bullish pieces noting Celestica’s above-average financial growth and an impressive earnings‑surprise history, arguing the company has the setup to beat the next quarter — this boosts investor confidence ahead of results. Is Celestica a Solid Growth Stock?
• Positive Sentiment: Coverage noting CLS at a 52-week high and outlook pieces on expected earnings growth reinforce momentum and attract momentum-driven buying. Celestica Hits Fresh High
• Neutral Sentiment: Comparative sector analysis highlights Celestica’s relative strength vs. peers this year — useful context but not an immediate price catalyst. Sector Comparison
• Negative Sentiment: TD Cowen (reported via BayStreet/Benzinga) raised its target to $350 but kept a “hold” rating — that target sits well below the current market price and signals some analysts view upside as limited or see near-term valuation risk. TD Cowen raises PT to $350 (hold)
• Negative Sentiment: Earlier intraday weakness tied to a sector move (report linking Google-related supply-chain news) briefly pressured shares — a reminder stock can be sensitive to broader tech/supplier headlines. Sector-driven dip on Google report

Celestica Company Profile

Celestica Inc is a multinational electronics manufacturing services (EMS) company that provides design, engineering, manufacturing and supply chain solutions to original equipment manufacturers across a range of industries. Headquartered in Toronto, Ontario, Canada, Celestica works with customers to develop and produce complex electronic and electro-mechanical products, integrating activities from product design and prototyping through high-volume assembly, testing and final system integration.

The company’s service offering typically includes product engineering and design support, printed circuit board assembly, box-build and systems assembly, automated test and inspection, aftermarket repair and refurbishment, and end-to-end supply chain and logistics management.