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JP Morgan’s latest rating for CLS stock

Celestica, Inc’s recently made public that its President Cooper Todd C unloaded Company’s shares for reported $8.44 million on Feb 07 ’25. In the deal valued at $129.78 per share,65,000 shares were sold. As a result of this transaction, Cooper Todd C now holds 110,426 shares worth roughly $10.11 million.

Then, Cooper Todd C bought 65,540 shares, generating $8,665,800 in total proceeds.

Before that, MIONIS ROBERT sold 75,000 shares. Celestica, Inc shares valued at $10,597,089 were divested by the President & CEO at a price of $141.29 per share. As a result of the transaction, MIONIS ROBERT now holds 456,417 shares, worth roughly $41.8 million.

JP Morgan initiated its Celestica, Inc [CLS] rating to an Overweight in a research note published on February 21, 2025; the price target was $166. CIBC also remained covering CLS and has increased its forecast on January 31, 2025 with a “Sector outperform” recommendation from previously “Neutral” rating. UBS started covering the stock on November 22, 2024. It rated CLS as “a Neutral”.

Price Performance Review of CLS

On Friday, Celestica, Inc [NYSE:CLS] saw its stock jump 5.98% to $91.58. Over the last five days, the stock has gained 4.63%. Celestica, Inc shares have fallen nearly -0.78% since the year began. Nevertheless, the stocks have risen 102.61% over the past one year. While a 52-week high of $144.27 was reached on 02/05/25, a 52-week low of $40.25 was recorded on 03/10/25. SMA at 50 days reached $109.28, while 200 days put it at $74.85.

Levels Of Support And Resistance For CLS Stock

The 24-hour chart illustrates a support level at 88.17, which if violated will result in even more drops to 84.76. On the upside, there is a resistance level at 93.70. A further resistance level may holdings at 95.82. The Relative Strength Index (RSI) on the 14-day chart is 42.29, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.46, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.06%. Stochastics %K at 24.79% indicates the stock is a holding.

How much short interest is there in Celestica, Inc?

A steep rise in short interest was recorded in Celestica, Inc stocks on 2025-02-28, dropping by -0.27 million shares to a total of 2.63 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 2.9 million shares. There was a decline of -10.29%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on November 05, 2024 when Barclays began covering the stock and recommended ‘”an Overweight”‘ rating along with a $91 price target.

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