Celestica, Inc. (NYSE:CLS – Get Free Report) (TSE:CLS) shares dropped 13.2% during mid-day trading on Thursday after an insider sold shares in the company. In related news, CEO Robert Mionis sold 51,061 shares of Celestica stock in a transaction on Wednesday, August 5th. Bank of America reaffirmed a “buy” rating on shares of Celestica in a report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $435.80.