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UBS issued a report on Celanese (NYSE:CE), stepping up its target to $107.00 earlier today

Just yesterday Celanese (NYSE:CE) traded -3.88% lower at $107.10. Celanese’s 50-day moving average is $102.21 and its 200-day moving average is $94.59. The last closing price is up 8.83% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 981,081 shares of CE traded, up from an avg. volume of 821,527

UBS upped the price target of Celanese (NYSE:CE) to $107.00 stating a potential downside of 0.00%.

Previously on 09/20/2017, Cowen reported on Celanese (NYSE:CE) increased the target price from $115.00 to $120.00. At the time, this indicated a possible upside of 0.17%.

Recent Performance Chart

Celanese (NYSE:CE)

Celanese has 52 week low of $63.02 and a 52 week high of $109.09 with a P/E ratio of 17.51 and has a market cap of $0.

In addition to UBS 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, four equity analysts rating the company a buy, nine equity analysts rating the company a hold, one equity analyst rating the company a underperform, and lastly zero equity analysts rating the company a sell.

Brief Synopsis About Celanese (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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