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Do Analysts Agree Tuesday on Celestica Inc (CLS) Stock's Target Price?

Tuesday, June 06, 2023 12:37 PM | InvestorsObserver Analysts

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Do Analysts Agree Tuesday on Celestica Inc (CLS) Stock's Target Price?

Analysts who follow Celestica Inc (CLS) on average expect it to rise 12.20% over the next twelve months. Those same analysts give the stock an average rating of Buy. That average rating earns CLS an Analyst Ranking of 33, which means it ranks higher than 33 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 3.9
Wall Street analysts are rating CLS a Buy today. Find out what this means to you and get the rest of the rankings on CLS!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Celestica Inc Stock Today?

Celestica Inc (CLS) stock has fallen -2.53% while the S&P 500 has gained 0.13% as of 12:34 PM on Tuesday, Jun 6. CLS is lower by -$0.33 from the previous closing price of $13.03 on volume of 2,123,828 shares. Over the past year the S&P 500 is higher by 3.83% while CLS has gained 13.39%. CLS earned $1.21 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 10.52. Click Here to get the full Stock Report for Celestica Inc stock.

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