Celestica stock price forecast sector sentiment remains upbeat

Sector sentiment remains upbeat, with peer stocks in EMS manufacturing trending positively. This correlation supports the bullish Celestica stock price forecast, especially if macro supply chain risks stay muted. Celestica also trades at 0.6X forward 12-month sales, roughly matching its industry's 0.5X, while offering staggering value compared to Tech's 6.3X. The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Market models using historical volatility project Celestica stock price fluctuations within a 4% range, with an upper bound forecast of $40.25 in July trading sessions.