Should You Invest in Celestica (CLS) Based on Bullish Wall Street Views? [Yahoo! Finance]
Celestica, Inc. (CLS)
Last celestica, inc. earnings: 4/29 07:00 am
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US:NYSE Investor Relations:
corporate.celestica.com/events-and-presentations
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Source: Yahoo! Finance
While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about Celestica (CLS) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Celestica currently has an average brokerage recommendation (ABR) of 1.57, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by seven brokerage firms. An ABR of 1.57 approximates between Strong Buy and Buy. Of the seven recommendations that derive the current ABR, four are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 57.1% and 28.6% of all recommendations. Check price target & stock forecast for Celestica here The ABR suggests buying Celestica, but making an investment decision solely on the basis of this information might not be a good
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CLS
News
- Celestica First Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- 2 Potentially Explosive Stocks to Buy in May [Yahoo! Finance Canada]Yahoo! Finance Canada
- Celestica Inc. (NYSE: CLS) had its price target raised by analysts at Royal Bank of Canada from $47.00 to $53.00. They now have an "outperform" rating on the stock.MarketBeat
- Celestica Inc. (NYSE: CLS) had its price target raised by analysts at Canaccord Genuity Group Inc. from $48.00 to $53.00. They now have a "buy" rating on the stock.MarketBeat
- Celestica Inc. (NYSE: CLS) had its price target raised by analysts at Stifel Nicolaus from $36.00 to $48.00. They now have a "hold" rating on the stock.MarketBeat
CLS
Earnings
- 4/24/24 - Beat
CLS
Sec Filings
- 4/26/24 - Form 6-K
- 4/25/24 - Form 8-A12B/A
- 4/25/24 - Form 6-K
- CLS's page on the SEC website