Where Celanese Stands With Analysts
Portfolio Pulse from Benzinga Insights
Celanese Corporation (NYSE:CE) has received 5 analyst ratings in the last quarter, with 2 somewhat bullish and 3 indifferent, and no bullish or bearish ratings. The average price target among these analysts is $141.0, which is slightly below the current price of $141.35, indicating a marginal downside. Over the past month, the average price target has seen a slight increase of 1.81%. Analyst ratings are based on information from company events, financial statements, and insider conversations, and are subject to the analysts' interpretation.
December 13, 2023 | 6:00 pm
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NEUTRAL IMPACT
Celanese Corporation has a stable outlook from analysts with 2 somewhat bullish and 3 indifferent ratings. The average price target is $141.0, marginally below the current price, with a recent 1.81% increase in the target.
The analyst ratings for Celanese are mostly neutral with a slight lean towards bullish, indicating no strong consensus for a significant price movement. The current price is almost in line with the average target, suggesting that the stock is fairly valued according to analysts. The slight increase in the price target over the past month may be seen as a modest positive, but it is unlikely to have a major impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100