Celanese (NYSE:CE) Given New $81.00 Price Target at Citigroup

Celanese (NYSE:CEGet Free Report) had its price objective increased by equities research analysts at Citigroup from $75.00 to $81.00 in a research report issued on Thursday,Benzinga reports. The firm presently has a “buy” rating on the basic materials company’s stock. Citigroup’s target price would suggest a potential upside of 34.71% from the stock’s current price.

CE has been the topic of a number of other reports. Jefferies Financial Group raised Celanese from a “hold” rating to a “buy” rating and set a $86.00 price target on the stock in a research note on Thursday, February 5th. UBS Group upped their target price on Celanese from $50.00 to $56.00 and gave the stock a “neutral” rating in a research report on Thursday, February 19th. Evercore set a $63.00 target price on Celanese in a report on Wednesday, February 18th. Tudor Pickering upgraded shares of Celanese from a “hold” rating to a “buy” rating in a research note on Monday. Finally, Mizuho upped their price objective on shares of Celanese from $45.00 to $55.00 and gave the stock a “neutral” rating in a report on Wednesday, February 18th. Nine analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $59.72.

Read Our Latest Report on CE

Celanese Trading Up 15.8%

Shares of Celanese stock traded up $8.19 on Thursday, reaching $60.13. 2,676,425 shares of the company’s stock were exchanged, compared to its average volume of 2,506,898. The company has a market capitalization of $6.59 billion, a P/E ratio of -5.65, a price-to-earnings-growth ratio of 0.38 and a beta of 1.07. Celanese has a 52 week low of $35.13 and a 52 week high of $63.55. The company has a debt-to-equity ratio of 2.55, a quick ratio of 0.94 and a current ratio of 1.55. The firm’s 50-day moving average is $49.76 and its two-hundred day moving average is $44.73.

Celanese (NYSE:CEGet Free Report) last issued its earnings results on Tuesday, February 17th. The basic materials company reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.89 by ($0.22). The company had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.25 billion. Celanese had a positive return on equity of 8.75% and a negative net margin of 12.15%.The firm’s revenue was down 6.5% compared to the same quarter last year. During the same period in the prior year, the company earned $1.45 earnings per share. Celanese has set its Q1 2026 guidance at 0.700-0.850 EPS. Sell-side analysts predict that Celanese will post 8.79 EPS for the current fiscal year.

Hedge Funds Weigh In On Celanese

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Corient Private Wealth LLC lifted its holdings in 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 acquiring an additional 19,289 shares during the period. Hsbc Holdings PLC increased its position in shares of Celanese by 208.3% during the 4th 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 during the last quarter. Invesco Ltd. raised its stake in shares of Celanese by 1.2% during the 4th quarter. Invesco Ltd. now owns 540,452 shares of the basic materials company’s stock worth $22,850,000 after purchasing an additional 6,390 shares during the period. Alberta Investment Management Corp purchased a new position in shares of Celanese in the 4th quarter worth about $1,501,000. Finally, State of Tennessee Department of Treasury grew its position 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 valued at $1,870,000 after buying an additional 313 shares during the period. Hedge funds and other institutional investors own 98.87% of the company’s stock.

More Celanese News

Here are the key news stories impacting Celanese this week:

  • Positive Sentiment: Tudor Pickering upgraded Celanese to a “Buy,” signaling confidence from an energy-focused research house and likely supporting the stock’s rally by attracting buyer interest. Celanese (NYSE:CE) Raised to “Buy” at Tudor Pickering
  • Positive Sentiment: Vertical Research also upgraded the stock to “Buy,” adding upward analyst momentum and reinforcing short-term investor demand. Vertical Research Upgrades Celanese (NYSE:CE) to Buy
  • Positive Sentiment: 247WallStreet raised a price target to $81, citing the Iran conflict as a catalyst that has boosted demand/pricing dynamics in relevant commodity and chemical markets; that bullish narrative supports upside expectations. Celanese Price Prediction: Iran Conflict Pushes CE Price Target to $81
  • Neutral Sentiment: Zacks issued a mixed set of model changes — it modestly raised a Q3 2027 quarter estimate but the move is small and contained within broader negative revisions; this particular revision alone is unlikely to materially change near-term fundamentals.
  • Negative Sentiment: Zacks Research cut multiple near-term and full-year EPS forecasts (Q1–Q2 2026, FY2026, several 2027 quarters) and maintains a “Strong Sell” rating — those downgrades increase downside risk, raise investor caution, and likely weighed on sentiment before upgrades offset some of that pressure. Zacks Research Has Bearish Estimate for Celanese Q3 Earnings

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.

Read More

Analyst Recommendations for Celanese (NYSE:CE)

Receive News & Ratings for Celanese Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Celanese and related companies with MarketBeat.com's FREE daily email newsletter.