Zacks Investment Research upgraded Celanese Corporation (NYSE:CE) to Hold in a statement released earlier today.
- Updated: September 26, 2016
Having a price of $63.02, Celanese Corporation (NYSE:CE) traded 0.38% higher on the day. With the last close down -6.36% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Celanese Corporation has recorded a 50-day average of $64.31 and a two hundred day average of $67.22. Volume of trade was down over the average, with 821,767 shares of CE changing hands under the typical 963,566
Zacks Investment Research has upgraded Celanese Corporation (NYSE:CE) to Hold in a statement released on 09/26/2016.
With a total market value of $0, Celanese Corporation has PE ratio of 27.33 with a 52 week low of $55.07 and a 52 week high of $74.55 .
In addition to Zacks Investment Research reporting its target price, a total of 14 firms have issued a report on the stock. The consensus target price is $76.79 with 2 firms rating the stock a strong buy, 4 firms rating the stock a buy, 9 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.
General Information About Celanese Corporation (NYSE:CE)
Celanese Corporation (Celanese) is a technology and specialty materials company. The Company operates through four segments: Advanced Engineered Materials, Consumer Specialties, Industrial Specialties and Acetyl Intermediates. Its business involves processing chemical raw materials, such as methanol, carbon monoxide, ethylene and natural products, including wood pulp, into chemicals, thermoplastic polymers and other chemical-based products. It engineers and manufactures a range of products, which serves a range of end-use applications, including paints and coatings, textiles, automotive applications, consumer and medical applications, performance industrial applications, filtration applications, paper and packaging, chemical additives, construction, consumer and industrial adhesives, and food and beverage applications. The Company operates in North America, Europe and Asia and consists of approximately 20 global production facilities.
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