Celanese Corp. Ser -A- (CE) Scheduled to Post Quarterly Earnings on Monday
Celanese Corp. Ser -A- (NYSE:CE) will issue its Q313 quarterly earnings data on Monday, October 21st. Analysts expect the company to announce earnings of $1.16 per share and revenue of $1.65 billion for the quarter.
Celanese Corp. Ser -A- (NYSE:CE) opened at 54.24 on Friday. Celanese Corp. Ser -A- has a one year low of $34.96 and a one year high of $54.45. The stock has a 50-day moving average of $51.48 and a 200-day moving average of $48.47. The company has a market cap of $8.655 billion and a P/E ratio of 18.51.
A number of analysts have recently weighed in on CE shares. Analysts at Gilford Securities downgraded shares of Celanese Corp. Ser -A- from a “buy” rating to a “neutral” rating in a research note to investors on Wednesday, October 9th. On the ratings front, analysts at Goldman Sachs Group Inc. reiterated a “buy” rating on shares of Celanese Corp. Ser -A- in a research note to investors on Wednesday, September 25th. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Celanese Corp. Ser -A- in a research note to investors on Thursday, September 12th. They now have a $52.00 price target on the stock. Seven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $53.40.
Celanese Corporation manufactures chemical products. The Company’s portfolio consists of five main businesses: Acetyl Products, Chemical Intermediates, Acetate Products, Technical Polymers Ticona and Performance Products.
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