Alok K. Agrawal Sells 1,763 Shares of Celestica Inc. (TSE:CLS) Stock

Celestica Inc. (TSE:CLS) (NYSE:CLS) Director Alok K. Agrawal sold 1,763 shares of the stock in a transaction that occurred on Friday, January 31st. The shares were sold at an average price of C$183.66, for a total value of C$323,800.28.

Alok K. Agrawal also recently made the following trade(s):

• On Monday, December 2nd, Alok K. Agrawal sold 1,550 shares of Celestica stock. The shares were sold at an average price of C$119.54, for a total value of C$185,293.91.

Celestica Stock Performance

TSE:CLS opened at C$189.03 on Wednesday. The firm has a market capitalization of C$22.42 billion, a PE ratio of 44.79, 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 52.78. Celestica Inc. has a 12-month low of C$47.98 and a 12-month high of C$194.05. The firm has a 50-day moving average price of C$142.00 and a 200 day moving average price of C$101.79.

Analyst Upgrades and Downgrades

CLS has been the subject of several research analyst reports. Barclays upgraded shares of Celestica to a “strong-buy” rating in a research note on Tuesday, November 5th. BMO Capital Markets increased their target price on shares of Celestica from C$72.00 to C$140.00 in a research note on Thursday, January 30th. UBS Group upgraded Celestica to a “hold” rating in a research note on Friday, November 22nd. Cormark raised their price objective on Celestica from C$93.00 to C$137.00 in a research report on Thursday, January 30th. Finally, Cibc World Mkts upgraded Celestica from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 31st. Two investment analysts have rated the stock with a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of C$96.75.

Celestica Company Profile

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.