Mizuho Forecasts Strong Price Appreciation for Celanese (NYSE:CE) Stock

Celanese (NYSE:CEGet Free Report) had its price target raised by stock analysts at Mizuho from $55.00 to $58.00 in a report issued on Tuesday,Benzinga reports. The firm currently has a “neutral” rating on the basic materials company’s stock. Mizuho’s price objective points to a potential downside of 8.73% from the stock’s current price.

Several other brokerages also recently weighed in on CE. Jefferies Financial Group upgraded Celanese from a “hold” rating to a “buy” rating and set a $86.00 price target on the stock in a report on Thursday, February 5th. JPMorgan Chase & Co. boosted their price target on shares of Celanese from $40.00 to $53.00 and gave the company a “neutral” rating in a report on Thursday, February 19th. Weiss Ratings restated a “sell (d)” rating on shares of Celanese in a research note on Wednesday, January 21st. Royal Bank Of Canada raised their price objective on Celanese from $48.00 to $55.00 and gave the stock a “sector perform” rating in a research report on Monday, February 23rd. Finally, Wells Fargo & Company upgraded shares of Celanese from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $55.00 to $70.00 in a research note on Friday, March 13th. Nine research analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $61.39.

Check Out Our Latest Analysis on Celanese

Celanese Stock Performance

Celanese stock opened at $63.55 on Tuesday. The company’s 50-day moving average price is $54.44 and its 200-day moving average price is $46.21. The company has a quick ratio of 0.94, a current ratio of 1.55 and a debt-to-equity ratio of 2.55. Celanese has a twelve month low of $35.13 and a twelve month high of $67.82. The company has a market cap of $6.96 billion, a PE ratio of -5.99, a price-to-earnings-growth ratio of 0.49 and a beta of 0.85.

Celanese (NYSE:CEGet Free Report) last issued its quarterly earnings data on Tuesday, February 17th. The basic materials company reported $0.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.22). Celanese had a negative net margin of 12.15% and a positive return on equity of 8.75%. The company had revenue of $2.20 billion for the quarter, compared to analysts’ expectations of $2.25 billion. During the same quarter last year, the company earned $1.45 earnings per share. The company’s revenue for the quarter was down 6.5% on a year-over-year basis. Celanese has set its Q1 2026 guidance at 0.700-0.850 EPS. On average, equities research analysts forecast that Celanese will post 8.79 EPS for the current fiscal year.

Institutional Investors Weigh In On Celanese

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Great Lakes Advisors LLC acquired a new stake in Celanese in the 3rd quarter worth about $3,171,000. AMG National Trust Bank lifted its stake in shares of Celanese by 270.1% in the third quarter. AMG National Trust Bank now owns 70,322 shares of the basic materials company’s stock worth $2,959,000 after buying an additional 51,322 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Celanese by 12.8% in the third quarter. JPMorgan Chase & Co. now owns 259,196 shares of the basic materials company’s stock valued at $10,907,000 after purchasing an additional 29,392 shares during the last quarter. Fox Run Management L.L.C. raised its holdings in shares of Celanese by 406.9% during the 3rd quarter. Fox Run Management L.L.C. now owns 42,175 shares of the basic materials company’s stock worth $1,775,000 after acquiring an additional 33,854 shares during the period. Finally, Russell Investments Group Ltd. grew its stake in shares of Celanese by 21.5% in the 3rd quarter. Russell Investments Group Ltd. now owns 1,214,487 shares of the basic materials company’s stock valued at $51,104,000 after buying an additional 214,632 shares during the period. Hedge funds and other institutional investors own 98.87% of the company’s stock.

Celanese Company Profile

(Get Free Report)

Celanese Corporation is a global chemical and specialty materials company that develops, manufactures and markets a broad portfolio of products serving diverse industries. The company operates through two primary business segments—Engineered Materials and Acetyl Chain—offering solutions that range from high-performance polymers and specialty additives to industrial chemicals and intermediates. Its engineered materials are used in applications such as automotive components, consumer electronics, medical devices and packaging, while its acetyl derivatives find uses in coatings, adhesives, solvents and personal care products.

In the Engineered Materials segment, Celanese produces a variety of high-performance thermoplastics, polyether-block-amide (PEBA) elastomers and functional additives designed to enhance product durability, thermal resistance and sustainability.

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Analyst Recommendations for Celanese (NYSE:CE)

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