Celestica with ticker code (CLS) now have 9 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 11.5 and 8.5 with a mean TP of 10.36. Given that the stocks previous close was at 11.51 this would indicate that there is a downside of -10.0%. The 50 day MA is 11.64 and the 200 day moving average is 9.78. The company has a market capitalisation of $1,366m. You can visit the company’s website by visiting: https://www.celestica.com
The potential market cap would be $1,230m based on the market concensus.
Celestica provides hardware platform and 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 servicesluding design and development, engineering, supply chain management, new product introduction, 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. It also provides enterprise-level data communications and information processing infrastructure products, such as routers, switches, data center interconnects, servers, and storage-related products; capacitors, microprocessors, resistors, and memory modules; and power inverters, energy storage products, smart meters, and other electronic componentry. The company serves aerospace and defense, industrial, energy, healthtech, capital equipment, original equipment manufacturers (OEMs), cloud-based, and other service providersluding hyperscalers, and other companies in a range of industries. Celestica was incorporated in 1994 and is headquartered in Toronto, Canada.
