UBS analyst John Roberts maintained a Buy rating on Celanese (CE) today and set a price target of $128.00. The company’s shares closed last Monday at $82.88, close to its 52-week low of $78.42.
According to TipRanks.com, Roberts is a 2-star analyst with an average return of 0.0% and a 56.9% success rate. Roberts covers the Consumer Goods sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and DuPont de Nemours.
Celanese has an analyst consensus of Moderate Buy, with a price target consensus of $116.82.
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Celanese’s market cap is currently $9.5B and has a P/E ratio of 11.72. The company has a Price to Book ratio of 3.79.
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Celanese Corp. engages in the provision of technology and specialty materials businesses. It operates through the following segments: Engineered Materials, Acetate Tow, Acetyl Chain and Other Activities .The Engineered Materials segment includes the engineered materials business, food ingredients business and certain strategic affiliates.