Canaccord Genuity analyst Robert Young maintained a Buy rating on Celestica (NYSE:CLS) on Wednesday, setting a price target of $10, which is approximately 30.21% above the present share price of $7.68.
Young expects Celestica to post earnings per share (EPS) of $0.24 for the fourth quarter of 2020.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in Celestica, with an average price target of $8.18.
The analysts price targets range from a high of $10.06 to a low of $7.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $1.55 billion and a net profit of $52.9 million. The company's market cap is $1.02 billion.
According to TipRanks.com, Canaccord Genuity analyst Robert Young is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 21.6% and a 68.63% success rate.
Celestica, Inc. engages in the provision of supply chain solutions globally to original equipment manufacturers and service providers in the communications, consumer, computing and diversified end markets. It operates through the Advanced Technology Solutions (ATS) and Connectivity and Cloud Solutions (CCS) business segments. The ATS segment comprises of aerospace and defense, industrial, smart energy, health tech, and capital equipment businesses. The CCS segment consists of enterprise communications, telecommunications, servers, and storage businesses. Celestica was founded in 1994 and is headquartered in Toronto, Canada.