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

Celanese (NYSE:CE) had its price target upped by Mizuho from $55.00 to $58.00 in a note issued to investors 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 12.95% from the stock’s previous close.

A number of other equities research analysts have also recently weighed in on CE. Tudor Pickering raised Celanese from a “hold” rating to a “buy” rating in a report on Monday, March 9th. Vertical Research upgraded Celanese from a “hold” rating to a “buy” rating and set a $60.00 target price on the stock in a research report on Monday, March 9th. Royal Bank Of Canada boosted their price target on Celanese from $48.00 to $55.00 and gave the stock a “sector perform” rating in a research report on Monday, February 23rd. Weiss Ratings reissued a “sell (d)” rating on shares of Celanese in a report on Wednesday, January 21st. Finally, Evercore set a $63.00 price objective on shares of Celanese in a report on Wednesday, February 18th. 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.com, the company has an average rating of “Hold” and a consensus target price of $61.39.

Celanese Stock Performance

Shares of Celanese stock traded up $2.38 during trading on Tuesday, hitting $66.63. 260,787 shares of the stock were exchanged, compared to its average volume of 2,542,111. 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 12 month low of $35.13 and a 12 month high of $66.90. The stock’s fifty day moving average is $53.69 and its 200 day moving average is $45.95. The stock has a market cap of $7.30 billion, a PE ratio of -6.28, a P/E/G ratio of 0.47 and a beta of 1.07.

Celanese (NYSE:CE) last issued its quarterly earnings data on Tuesday, February 17th. The basic materials company reported $0.67 earnings per share for the quarter, missing the consensus estimate 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 quarter in the prior year, the business earned $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. As a group, sell-side analysts anticipate that Celanese will post 8.79 EPS for the current year.

Institutional Trading of Celanese

Several large investors have recently added to or reduced their stakes in the company. Hsbc Holdings PLC lifted its holdings in shares of Celanese by 208.3% in the fourth quarter. Hsbc Holdings PLC now owns 105,435 shares of the basic materials company’s stock valued at $4,460,000 after purchasing an additional 71,238 shares in the last quarter. Corient Private Wealth LLC grew 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 valued at $1,344,000 after buying an additional 19,289 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Celanese by 1.2% during the fourth quarter. Invesco Ltd. now owns 540,452 shares of the basic materials company’s stock valued at $22,850,000 after buying an additional 6,390 shares in the last quarter. Alberta Investment Management Corp acquired a new position in Celanese during the fourth quarter valued at $1,501,000. Finally, State of Tennessee Department of Treasury boosted its position in Celanese by 0.7% during the 4th 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. 98.87% of the stock is 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.