Celestica Inc (TSE:CLS) (NYSE:CLS) had its target price reduced by analysts at TD Securities to C$14.75 in a report released on Friday, October 27th, StockTargetPrices.com reports. Nine analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock.
Several research analysts have recently issued reports on CLS shares.
Lonmin plc (LON:LMI) Given Hold Rating at Peel Hunt
Costain Group plc has a twelve month low of GBX 322.36 ($4.24) and a twelve month high of GBX 494.50 ($6.50). Numis Securities Ltd now has a GBX 390 ($5.13) price target on the communications services company's stock.
Shares of Celestica, Inc. Canaccord Genuity reissued a buy rating on shares of Celestica in a research report on Friday, July 28th. Finally, RBC Capital Markets reaffirmed a "hold" rating and set a $13.00 price objective on shares of Celestica in a research report on Thursday, January 12th. Foundry Partners LLC raised its position in shares of Celestica by 5.0% in the third quarter. Celestica now has a consensus rating of "Hold" and a consensus price target of $13.04.
Shares of Celestica (TSE:CLS) traded up C$0.17 during trading hours on Friday, hitting C$13.55. The company's stock had a trading volume of 423,564 shares, compared to its average volume of 264,163. Celestica had a return on equity of 12.63% and a net margin of 2.16%. Celestica has a 1 year low of C$12.62 and a 1 year high of C$19.94. The company has a market cap of $1,320.91, a P/E ratio of 10.06 and a beta of 0.68.
Analyst Scores Summary: Helix Energy Solutions Group, Inc. (HLX), Paychex, Inc. (PAYX)
The oil and gas company reported $0.02 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.02. According to the recommendations from 5 analysts stock has mean rating of 4 on the shares of Au Optronics Corp (NYSE:AUO).
Celestica Inc is a provider of supply chain solutions. "(NYSE:CLS) Price Target to $11.50" was first reported by StockNewsTimes and is the sole property of of StockNewsTimes. If you are viewing this news story on another publication, it was stolen and reposted in violation of USA & global copyright & trademark legislation.
Celestica announced that its board has approved a stock buyback program on Thursday, October 26th that authorizes the company to repurchase 1,000% of shares. This repurchase authorization authorizes the technology company to purchase shares of its stock through open market purchases. OxFORD Asset Management LLP lifted its position in Celestica by 12.0% during the 3rd quarter. Lingohr & Partner Asset Management GmbH now owns 244,528 shares of the company's stock valued at $2,648,000 after buying an additional 54,000 shares in the last quarter. AGF Investments Inc. purchased a new position in Celestica during the 3rd quarter valued at about $1,318,000. Can lifted its position in Celestica by 471.7% during the 3rd quarter. Can now owns 158,830 shares of the technology company's stock valued at $1,960,000 after acquiring an additional 131,047 shares during the period.
Risk Factors' Evaluation - Brocade Communications Systems, Inc., (NASDAQ: BRCD)
At the moment, the 14-days ATR for Brocade Communications Systems, Inc . (NASDAQ:PDCO), 3 have Buy rating, 2 Sell and 9 Hold. Over the last three months, the shares of the company have changed 2.69% and performed -0.16% over the last six months.