Celanese (NYSE:CE) Price Target Raised to $58.00 at Mizuho

Celanese (NYSE:CE) had its target price upped by Mizuho from $55.00 to $58.00 in a report issued on Tuesday,Benzinga reports. The brokerage presently has a “neutral” rating on the basic materials company’s stock. Mizuho’s price target indicates a potential downside of 12.95% from the stock’s current price.

CE has been the topic of a number of other research reports. Robert W. Baird boosted their price objective on Celanese from $65.00 to $75.00 and gave the stock an “outperform” rating in a research note on Friday. Tudor Pickering raised Celanese from a “hold” rating to a “buy” rating in a research report on Monday, March 9th. JPMorgan Chase & Co. upped their price target on Celanese from $40.00 to $53.00 and gave the stock a “neutral” rating in a report on Thursday, February 19th. Evercore set a $63.00 price objective on shares of Celanese in a research report on Wednesday, February 18th. Finally, Jefferies Financial Group upgraded shares of Celanese from a “hold” rating to a “buy” rating and set a $86.00 price objective on the stock in a research note on Thursday, February 5th. Nine equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Celanese has a consensus rating of “Hold” and a consensus target price of $61.39.

Celanese Trading Up 3.7%

Shares of NYSE:CE traded up $2.38 during trading on Tuesday, reaching $66.63. 260,787 shares of the stock were exchanged, compared to its average volume of 2,542,111. The firm’s 50-day moving average price is $53.69 and its 200 day moving average price is $45.95. The firm has a market cap of $7.30 billion, a price-to-earnings ratio of -6.28, a price-to-earnings-growth ratio of 0.47 and a beta of 1.07. Celanese has a 12-month low of $35.13 and a 12-month high of $66.90. The company has a debt-to-equity ratio of 2.55, a quick ratio of 0.94 and a current ratio of 1.55.

Celanese (NYSE:CE) last announced its quarterly earnings results on Tuesday, February 17th. The basic materials company reported $0.67 earnings per share 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 business had revenue of $2.20 billion for the quarter, compared to analyst estimates of $2.25 billion. During the same period last year, the firm earned $1.45 earnings per share. The company’s quarterly revenue 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, sell-side analysts anticipate that Celanese will post 8.79 earnings per share for the current fiscal year.

Institutional Trading of Celanese

Several institutional investors and hedge funds have recently bought and sold shares of the company. Hsbc Holdings PLC grew its position in shares of Celanese by 208.3% in the 4th quarter. Hsbc Holdings PLC now owns 105,435 shares of the basic materials company’s stock worth $4,460,000 after acquiring an additional 71,238 shares in the last quarter. Corient Private Wealth LLC raised its holdings in shares of Celanese by 154.3% during the fourth quarter. Corient Private Wealth LLC now owns 31,793 shares of the basic materials company’s stock worth $1,344,000 after purchasing an additional 19,289 shares during the period. Invesco Ltd. lifted its position in shares of Celanese by 1.2% in the 4th quarter. Invesco Ltd. now owns 540,452 shares of the basic materials company’s stock worth $22,850,000 after buying an additional 6,390 shares during the last quarter. Alberta Investment Management Corp bought a new stake in shares of Celanese during the 4th quarter valued at about $1,501,000. Finally, State of Tennessee Department of Treasury raised its stake in Celanese by 0.7% during the fourth quarter. State of Tennessee Department of Treasury now owns 42,083 shares of the basic materials company’s stock worth $1,870,000 after acquiring an additional 313 shares during the period. Institutional investors and hedge funds own 98.87% of the company’s stock.

Celanese Company Profile

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.