A Closer Look at 13 Analyst Recommendations For Celanese
Portfolio Pulse from Benzinga Insights
Over the past three months, 13 analysts have provided diverse evaluations of Celanese (NYSE:CE), ranging from bullish to bearish. The average 12-month price target has increased by 5.01% to $171.08. Recent analyst actions include both rating upgrades and downgrades, with price targets ranging from $144.00 to $195.00. Despite a decline in revenue growth, Celanese maintains strong net margins but faces challenges with ROE, ROA, and a high debt-to-equity ratio.
June 10, 2024 | 5:00 pm
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Celanese (NYSE:CE) has received mixed analyst ratings over the past three months, with a notable 5.01% increase in the average 12-month price target to $171.08. Analysts have both raised and lowered their ratings, reflecting diverse outlooks. Despite a decline in revenue growth, the company maintains strong net margins but faces challenges with ROE, ROA, and a high debt-to-equity ratio.
The mixed analyst ratings and the increase in the average price target suggest a neutral short-term impact on Celanese's stock price. While the company has strong net margins, the decline in revenue growth and challenges with ROE, ROA, and high debt levels may offset positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100