Celestica with ticker code (CLS) have now 9 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 11.5 and 8.5 and has a mean target at 10.36. Now with the previous closing price of 10.97 this indicates there is a potential downside of -5.6%. The day 50 moving average is 11.74 and the 200 moving average now moves to 10.38. The market cap for the company is $1,558m. Visit the company website at: https://www.celestica.com
The potential market cap would be $1,471m based on the market concensus.
Celestica Inc. 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 services, including 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, edge solutions, servers, and storage-related products; capacitors, microprocessors, resistors, and memory modules; and power inverters, energy storage products, smart meters, and other electronic componentry products. The company serves aerospace and defense, industrial, energy, healthtech, capital equipment, original equipment manufacturers, cloud-based, and other service providers, including hyperscalers, and other companies in a range of industries. Celestica Inc. was incorporated in 1994 and is headquartered in Toronto, Canada.
