Celanese (NYSE:CE) Stock Price Expected to Rise, Robert W. Baird Analyst Says

Celanese (NYSE:CEGet Free Report) had its target price boosted by equities research analysts at Robert W. Baird from $65.00 to $75.00 in a report issued on Friday,Benzinga reports. The firm presently has an “outperform” rating on the basic materials company’s stock. Robert W. Baird’s target price suggests a potential upside of 21.95% from the company’s current price.

Several other equities research analysts have also issued reports on the stock. Tudor Pickering raised shares of Celanese from a “hold” rating to a “buy” rating in a report on Monday, March 9th. Mizuho raised their target price on shares of Celanese from $45.00 to $55.00 and gave the company a “neutral” rating in a research report on Wednesday, February 18th. UBS Group boosted their target price on shares of Celanese from $56.00 to $58.00 and gave the stock a “neutral” rating in a research note on Wednesday, March 18th. JPMorgan Chase & Co. upped their price target on shares of Celanese from $40.00 to $53.00 and gave the stock a “neutral” rating in a report on Thursday, February 19th. Finally, Zacks Research cut Celanese from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 20th. Nine research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, Celanese has a consensus rating of “Hold” and an average target price of $61.22.

Get Our Latest Analysis on Celanese

Celanese Price Performance

Shares of CE stock opened at $61.50 on Friday. The business has a fifty day simple moving average of $53.02 and a 200 day simple moving average of $45.69. The company has a market cap of $6.74 billion, a P/E ratio of -5.80, a P/E/G ratio of 0.47 and a beta of 1.07. 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 $63.55.

Celanese (NYSE:CEGet Free Report) last released its earnings results 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). The business had revenue of $2.20 billion during the quarter, compared to the consensus estimate of $2.25 billion. Celanese had a negative net margin of 12.15% and a positive return on equity of 8.75%. The business’s revenue was down 6.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.45 EPS. Celanese has set its Q1 2026 guidance at 0.700-0.850 EPS. On average, sell-side analysts forecast that Celanese will post 8.79 EPS for the current fiscal year.

Hedge Funds Weigh In On Celanese

Hedge funds have recently modified their holdings of the business. Deseret Mutual Benefit Administrators grew its stake in shares of Celanese by 20.7% in the fourth quarter. Deseret Mutual Benefit Administrators now owns 1,399 shares of the basic materials company’s stock worth $59,000 after purchasing an additional 240 shares during the last quarter. Blue Trust Inc. raised its position in Celanese by 8.9% during the 4th quarter. Blue Trust Inc. now owns 3,244 shares of the basic materials company’s stock worth $137,000 after purchasing an additional 265 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings in Celanese by 111.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 513 shares of the basic materials company’s stock worth $28,000 after buying an additional 270 shares during the period. Bank of Montreal Can grew its position in shares of Celanese by 1.3% in the 4th quarter. Bank of Montreal Can now owns 22,723 shares of the basic materials company’s stock valued at $961,000 after buying an additional 288 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund grew its position in shares of Celanese by 1.2% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 25,015 shares of the basic materials company’s stock valued at $1,058,000 after buying an additional 300 shares during the last quarter. Institutional investors and hedge funds 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.

Further Reading

Analyst Recommendations for Celanese (NYSE:CE)

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