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Where Does Wall Street Think Celanese Corporation (CE) Stock Will Go?

Wednesday, November 08, 2023 02:01 PM | InvestorsObserver Analysts

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Where Does Wall Street Think Celanese Corporation (CE) Stock Will Go?

Wall Street is positive on Celanese Corporation (CE). On average, analysts give Celanese Corporation a Buy rating. The average price target is $131.2, which means analysts expect the stock to gain by 11.84% over the next twelve months. That average ranking earns Celanese Corporation an Analyst Rating of 23, which is better than 23% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3.6
Wall Street analysts are rating CE a Buy today. Find out what this means to you and get the rest of the rankings on CE!

Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With Celanese Corporation Stock Today?

Celanese Corporation (CE) stock is up 0.57% while the S&P 500 has fallen -0.05% as of 1:58 PM on Wednesday, Nov 8. CE is higher by $0.67 from the previous closing price of $116.64 on volume of 313,279 shares. Over the past year the S&P 500 is higher by 14.32% while CE is higher by 25.04%. CE earned $18.55 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 6.33. Click Here to get the full Stock Report for Celanese Corporation stock.

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