Analyst Scoreboard: 17 Ratings For Celanese
Portfolio Pulse from Benzinga Insights
In the past three months, 17 analysts have rated Celanese (NYSE:CE), with a mix of bullish and bearish views. Recent ratings show a decline in the average 12-month price target from $169.29 to $155.65. Analysts have generally lowered their ratings and price targets, reflecting concerns over Celanese's financial performance, including a 5.15% revenue decline and challenges in debt management.
September 05, 2024 | 12:01 pm
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NEGATIVE IMPACT
Celanese has received mixed analyst ratings, with a general trend of lowered ratings and price targets. The average 12-month price target has decreased from $169.29 to $155.65, indicating concerns over the company's financial health, including a 5.15% revenue decline and high debt-to-equity ratio.
The majority of analysts have lowered their ratings and price targets for Celanese, reflecting concerns over its financial performance. The company's revenue has declined by 5.15%, and it has a high debt-to-equity ratio, which increases financial risk. These factors contribute to a negative short-term outlook for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100