Celanese (NYSE:CE) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says

Celanese (NYSE:CE) had its price target raised by Wells Fargo & Company from $70.00 to $75.00 in a note issued to investors on Friday, Marketbeat reports. The firm currently has an “overweight” rating on the basic materials company’s stock. Wells Fargo & Company‘s price target indicates a potential upside of 18.64% from the company’s previous close.

Other analysts have also recently issued reports about the stock. UBS Group upped their price target on shares of Celanese from $58.00 to $64.00 and gave the stock a “neutral” rating in a research report on Thursday. JPMorgan Chase & Co. upped their price target on shares of Celanese from $40.00 to $53.00 and gave the stock a “neutral” rating in a research report on Thursday, February 19th. Evercore set a $63.00 price target on shares of Celanese in a research report on Wednesday, February 18th. Morgan Stanley initiated coverage on shares of Celanese in a research report on Tuesday, January 20th. They set an “equal weight” rating and a $50.00 price target for the company. Finally, Citigroup upped their price target on shares of Celanese from $75.00 to $81.00 and gave the stock a “buy” rating in a research report on Thursday, March 12th. Nine investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $63.47.

Celanese Trading Up 1.5%

CE stock opened at $63.22 on Friday. The business has a fifty day simple moving average of $56.82 and a 200-day simple moving average of $47.14. The company has a quick ratio of 0.94, a current ratio of 1.55 and a debt-to-equity ratio of 2.55. Celanese has a 52 week low of $35.13 and a 52 week high of $67.82. The company has a market cap of $6.93 billion, a price-to-earnings ratio of -5.96, a PEG ratio of 0.46 and a beta of 0.85.

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 positive return on equity of 8.75% and a negative net margin of 12.15%.The business had revenue of $2.20 billion for the quarter, compared to analysts’ expectations of $2.25 billion. During the same period last year, the company posted $1.45 earnings per share. The firm’s revenue for the quarter 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, equities research analysts expect that Celanese will post 8.79 EPS for the current year.

Hedge Funds Weigh In On Celanese

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Hsbc Holdings PLC boosted its position in Celanese by 208.3% in the 4th quarter. Hsbc Holdings PLC now owns 105,435 shares of the basic materials company’s stock valued at $4,460,000 after buying an additional 71,238 shares during the last quarter. Corient Private Wealth LLC boosted its position in Celanese by 154.3% in the 4th 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 during the last quarter. Invesco Ltd. boosted its position in Celanese by 1.2% in the 4th 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 during the last quarter. Alberta Investment Management Corp purchased a new position in Celanese in the 4th quarter valued at about $1,501,000. Finally, State of Tennessee Department of Treasury boosted its position in Celanese by 0.7% in the 4th 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 last quarter. 98.87% of the stock is owned by hedge funds and other institutional investors.

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.