Celanese (NYSE:CE) Price Target Lowered to $55.00 at Mizuho

Celanese (NYSE:CE) had its price target lowered by investment analysts at Mizuho from $65.00 to $55.00 in a report issued on Wednesday,Benzinga reports. The firm presently has a “neutral” rating on the basic materials company’s stock. Mizuho’s price objective suggests a potential upside of 19.67% from the stock’s current price.

Other equities research analysts have also issued reports about the stock. UBS Group upped their price target on shares of Celanese from $58.00 to $64.00 and gave the company a “neutral” rating in a report on Thursday, April 9th. Wall Street Zen lowered Celanese from a “buy” rating to a “hold” rating in a research note on Saturday, June 20th. Weiss Ratings restated a “sell (d-)” rating on shares of Celanese in a research note on Tuesday, May 26th. Zacks Research raised Celanese from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 21st. Finally, Tudor Pickering upgraded Celanese from a “hold” rating to a “buy” rating in a research report on Monday, March 9th. Ten research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $65.69.

Celanese Trading Up 0.1%

Celanese stock opened at $45.96 on Wednesday. The stock has a 50-day moving average price of $55.65 and a 200 day moving average price of $53.44. The company has a market capitalization of $5.04 billion, a price-to-earnings ratio of -4.59, a price-to-earnings-growth ratio of 0.28 and a beta of 0.73. Celanese has a 52 week low of $35.13 and a 52 week high of $70.70. The company has a quick ratio of 0.85, a current ratio of 1.38 and a debt-to-equity ratio of 2.41.

Celanese (NYSE:CE) last issued its quarterly earnings results on Tuesday, May 5th. The basic materials company reported $0.85 earnings per share for the quarter, missing the consensus estimate of $0.88 by ($0.03). Celanese had a positive return on equity of 9.92% and a negative net margin of 11.54%.The business had revenue of $2.34 billion during the quarter, compared to analyst estimates of $2.34 billion. During the same quarter last year, the company posted $0.57 EPS. Celanese’s quarterly revenue was down 2.2% compared to the same quarter last year. Celanese has set its Q2 2026 guidance at 2.000-2.400 EPS. Sell-side analysts anticipate that Celanese will post 5.8 EPS for the current year.

Institutional Investors Weigh In On Celanese

A number of institutional investors have recently modified their holdings of the business. Royal Bank of Canada increased its stake in shares of Celanese by 1,539.8% in the 4th quarter. Royal Bank of Canada now owns 2,133,216 shares of the basic materials company’s stock valued at $90,192,000 after purchasing an additional 2,003,127 shares in the last quarter. Capital Research Global Investors boosted its position in Celanese by 24.0% during the fourth quarter. Capital Research Global Investors now owns 5,565,556 shares of the basic materials company’s stock worth $235,312,000 after purchasing an additional 1,076,645 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Celanese by 83.2% in the first quarter. Dimensional Fund Advisors LP now owns 2,187,235 shares of the basic materials company’s stock valued at $143,849,000 after purchasing an additional 993,193 shares during the period. Turtle Creek Asset Management Inc. increased its position in shares of Celanese by 21.0% in the third quarter. Turtle Creek Asset Management Inc. now owns 5,115,365 shares of the basic materials company’s stock valued at $215,255,000 after buying an additional 887,600 shares in the last quarter. Finally, Bank of America Corp DE increased its position in shares of Celanese by 103.7% in the second quarter. Bank of America Corp DE now owns 1,645,689 shares of the basic materials company’s stock valued at $91,056,000 after buying an additional 837,944 shares in the last quarter. 98.87% of the stock is currently owned by institutional investors and hedge funds.

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.