RBC Capital analyst Paul Treiber maintained a Hold rating on Celestica (NYSE:CLS) on Thursday, setting a price target of $8.5, which is approximately 19.38% above the present share price of $7.12.
Treiber expects Celestica to post earnings per share (EPS) of -$0.02 for the third quarter of 2020.
The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in Celestica, with an average price target of $9.01.
The analysts price targets range from a high of $10 to a low of $8.5.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $1.32 billion and a net profit of $21.1 million. The company's market cap is $1.03 billion.
According to TipRanks.com, RBC Capital analyst Paul Treiber is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 23.5% and a 77.70% 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.