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Celanese CE (NYSE:CE) stock price target increased to $90.00, issued a research note today by Cowen

Yesterday Celanese CE (NYSE:CE) traded 1.96% higher at $89.66. The company’s 50-day moving average is $90.40 and its 200-day moving average is $82.03. The last closing price is up 9.11% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time period. 1,259,610 shares of the stock traded hands, up from an average trading volume of 1,021,330

In a report released on Thursday April 20, 2017 Cowen increased the stock price target of Celanese CE (NYSE:CE) to $90.00 indicating a possible upside of 0.00%.

Previously on 04/06/2017, Vetr Inc. reported on Celanese CE (NYSE:CE) increased the target price from $0.00 to $103.79. At the time, this indicated a possible upside of 0.13%.

See Chart Below

Celanese CE (NYSE:CE)

Celanese CE has a 52 week low of $60.59 and a 52 week high of $93.06 with a P/E ratio of 14.49 The company’s market cap is currently $0.

In addition to Cowen reporting its stock price target, a total of 14 brokers have issued a research note on the company. The average stock price target is $76.79 with 2 brokers rating the stock a strong buy, 4 brokers rating the stock a buy, 9 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Celanese CE (NYSE:CE)

Celanese Corporation (Celanese) is a technology and specialty materials company. The Company's segments include Advanced Engineered Materials, Consumer Specialties, Industrial Specialties, Acetyl Intermediates and Other Activities. The Advanced Engineered Materials segment includes the Company's engineered materials business and certain affiliates. The Consumer Specialties segment includes the Company's cellulose derivatives and food ingredients businesses, which serve consumer-driven applications. The Industrial Specialties segment includes the Company's emulsion polymers and ethylene vinyl acetate (EVA) polymers businesses. The Acetyl Intermediates segment includes the Company's intermediate chemistry business, which produces and supplies acetyl products, including acetic acid, vinyl acetate monomer (VAM), acetic anhydride and acetate esters. The Company has operations in North America, Europe and Asia. As of December 31, 2016, the Company had 30 global production facilities.

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