Celanese Stock: A Deep Dive Into Analyst Perspectives (8 Ratings)
Portfolio Pulse from Benzinga Insights
Analyst ratings for Celanese (NYSE:CE) show varied perspectives, with recent adjustments reflecting a generally positive outlook. The average 12-month price target has increased to $162.5, up 11.63% from $145.57, indicating bullish sentiment. Despite a negative revenue trend of -5.66% as of December 31, 2023, Celanese's financial health remains strong with a high net margin of 27.17% and ROE of 10.28%. The company's debt-to-equity ratio of 1.98 suggests higher financial risk.
February 22, 2024 | 5:00 pm
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POSITIVE IMPACT
Celanese's stock may see short-term positive movement due to the increased average price target and generally positive analyst ratings, despite a recent revenue decline.
The increase in the average price target and positive adjustments in analyst ratings suggest a bullish outlook for Celanese. However, the negative revenue trend poses a risk, potentially limiting the upside. The strong financial indicators like net margin and ROE support a positive short-term impact, but the high debt-to-equity ratio introduces caution.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100