RBC Capital Keeps Their Buy Rating on Celanese Corp (CE)


In a report released today, Arun Viswanathan from RBC Capital reiterated a Buy rating on Celanese Corp (NYSE: CE), with a price target of $128. The company’s shares opened today at $99.77.

According to TipRanks.com, Viswanathan is a 4-star analyst with an average return of 7.4% and a 55.9% success rate. Viswanathan covers the Consumer Goods sector, focusing on stocks such as Sherwin-Williams Company, Westlake Chemical Corp, and Axalta Coating Systems.

Celanese Corp has an analyst consensus of Moderate Buy, with a price target consensus of $136, a 36.3% upside from current levels. In a report released today, Citigroup also maintained a Buy rating on the stock with a $118 price target.

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The company has a one-year high of $119.29 and a one-year low of $95.45. Currently, Celanese Corp has an average volume of 937.2K.

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Celanese Corp. engages in the provision of technology and specialty materials businesses. It operates through the following segments: Advanced Engineered Materials, Consumer Specialties, Industrial Specialties, Acetyl Intermediates, and Other.

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