Robert W. Baird Issues Positive Forecast for Celanese (NYSE:CE) Stock Price

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

Several other research firms have also issued reports on CE. Vertical Research upgraded shares of Celanese from a “hold” rating to a “buy” rating and set a $60.00 target price on the stock in a report on Monday, March 9th. Morgan Stanley began coverage on Celanese in a research report on Tuesday, January 20th. They issued an “equal weight” rating and a $50.00 price objective for the company. Mizuho boosted their price objective on Celanese from $45.00 to $55.00 and gave the company a “neutral” rating in a research note on Wednesday, February 18th. Wells Fargo & Company upgraded Celanese from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $55.00 to $70.00 in a research report on Friday, March 13th. Finally, JPMorgan Chase & Co. lifted their target price on Celanese from $40.00 to $53.00 and gave the stock a “neutral” rating in a report on Thursday, February 19th. Nine research analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $61.22.

Celanese Stock Down 1.8%

Celanese stock opened at $61.50 on Friday. 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 has a 52-week low of $35.13 and a 52-week high of $63.55. The firm has a 50 day moving average price of $53.02 and a two-hundred day moving average price of $45.69. The firm has a market cap of $6.74 billion, a price-to-earnings ratio of -5.80, a PEG ratio of 0.47 and a beta of 1.07.

Celanese (NYSE:CE) last posted its quarterly earnings data on Tuesday, February 17th. The basic materials company reported $0.67 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 firm had revenue of $2.20 billion during the quarter, compared to the consensus estimate of $2.25 billion. During the same period in the prior year, the company posted $1.45 earnings per share. The company’s revenue for the quarter was down 6.5% compared to the same quarter last year. Celanese has set its Q1 2026 guidance at 0.700-0.850 EPS. Equities analysts predict that Celanese will post 8.79 EPS for the current year.

Institutional Trading of Celanese

Several large investors have recently made changes to their positions in CE. Geneos Wealth Management Inc. raised its stake in shares of Celanese by 111.1% in the second quarter. Geneos Wealth Management Inc. now owns 513 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 270 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of Celanese by 100.0% in the second quarter. Smartleaf Asset Management LLC now owns 662 shares of the basic materials company’s stock valued at $38,000 after purchasing an additional 331 shares in the last quarter. Salomon & Ludwin LLC purchased a new position in shares of Celanese during the third quarter valued at approximately $36,000. National Bank of Canada FI bought a new stake in Celanese during the third quarter worth $34,000. Finally, Versant Capital Management Inc grew its holdings in Celanese by 140.4% during the third quarter. Versant Capital Management Inc now owns 827 shares of the basic materials company’s stock worth $35,000 after buying an additional 483 shares in the last quarter. 98.87% of the stock is currently owned by institutional investors and hedge funds.

About Celanese

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.