Celanese (CE) Stock Forecast & Price Target

$120.04

-1.40 (-1.15%)

(As of 09/6/2024 ET)

Celanese - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 15 Analyst Ratings

Based on 15 Wall Street analysts who have issued ratings for Celanese in the last 12 months, the stock has a consensus rating of "Hold." Out of the 15 analysts, 2 have given a sell rating, 8 have given a hold rating, and 5 have given a buy rating for CE.

Consensus Price Target

$153.13
27.57% Upside

High Forecast	$184.00
Average Forecast	$153.13
Low Forecast	$128.00

According to the 15 analysts' twelve-month price targets for Celanese, the average price target is $153.13. The highest price target for CE is $184.00, while the lowest price target for CE is $128.00. The average price target represents a forecasted upside of 27.57% from the current price of $120.04.

Type	Current Forecast 9/8/23 to 9/7/24	1 Month Ago 8/9/23 to 8/8/24	3 Months Ago 6/10/23 to 6/9/24	1 Year Ago 9/8/22 to 9/8/23
Consensus Rating	Hold	Hold	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	5 Buy rating(s)	6 Buy rating(s)	6 Buy rating(s)	5 Buy rating(s)
Hold	8 Hold rating(s)	7 Hold rating(s)	8 Hold rating(s)	8 Hold rating(s)
Sell	2 Sell rating(s)	3 Sell rating(s)	4 Sell rating(s)	2 Sell rating(s)
Consensus Price Target	$153.13	$154.94	$156.78	$126.13
Forecasted Upside	27.57% Upside	12.41% Upside	4.12% Upside	5.10% Upside

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CE Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Celanese Stock vs. The Competition

Type	Celanese	Basic Materials Companies	S&P 500
Consensus Rating Score	2.20	2.69	2.51
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	27.57% Upside	192.84% Upside	11.36% Upside
News Sentiment Rating	Positive News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/5/2024	Piper Sandler 2 of 5 stars	C. Neivert Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Overweight ➝ Neutral	$180.00 ➝ $150.00	+20.67%
8/12/2024	Bank of America 4 of 5 stars		Lower Target	Underperform ➝ Underperform	$137.00 ➝ $128.00	+2.61%
8/12/2024	Deutsche Bank Aktiengesellschaft 2 of 5 stars		Lower Target	Hold ➝ Hold	$160.00 ➝ $135.00	+8.23%
8/8/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$168.00 ➝ $167.00	+32.02%
8/7/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Market Perform ➝ Market Perform	$142.00 ➝ $138.00	+7.36%
8/6/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$170.00 ➝ $151.00	+19.85%
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8/5/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$180.00 ➝ $165.00	+25.43%
8/5/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$180.00 ➝ $150.00	+14.03%
8/5/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$180.00 ➝ $178.00	+35.31%
8/5/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underweight ➝ Neutral	$156.00 ➝ $130.00	-1.18%
7/9/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$193.00 ➝ $184.00	+40.03%
6/27/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$167.00 ➝ $148.00	+8.23%
5/9/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$161.00 ➝ $173.00	+5.93%
2/22/2024	Tudor, Pickering, Holt & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Sell	$140.00	-6.90%
1/22/2024	Alembic Global Advisors Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Neutral	$160.00	+10.25%
8/8/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underperform ➝ Underperform	$100.00 ➝ $111.00	-11.01%
7/19/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Equal Weight ➝ Equal Weight	$110.00 ➝ $110.00	-10.30%
6/26/2023	22nd Century Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Downgrade
6/9/2023	Vertical Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$122.00	+5.56%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 08:06 PM ET.

CE Forecast - Frequently Asked Questions

What is Celanese's forecast for 2024?: According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for Celanese is $153.13, with a high forecast of $184.00 and a low forecast of $128.00.
Should I buy or sell Celanese stock right now?: 15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Celanese in the last twelve months. There are currently 2 sell ratings, 8 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CE, but not buy additional shares or sell existing shares.
Does Celanese's stock price have much upside?: According to analysts, Celanese's stock has a predicted upside of 14.39% based on their 12-month stock forecasts.
Has Celanese been upgraded or downgraded by Wall Street analysts recently?: Over the previous 90 days, Celanese's stock had 1 upgrade and 1 downgrade by analysts.
What analysts cover Celanese?: Celanese has been rated by research analysts at Bank of America, Barclays, BMO Capital Markets, Citigroup, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., KeyCorp, Piper Sandler, Robert W. Baird, Royal Bank of Canada, UBS Group, and Wells Fargo & Company in the past 90 days.
Do Wall Street analysts like Celanese more than its competitors?: Analysts like Celanese less than other "basic materials" companies. The consensus rating for Celanese is Hold while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how CE compares to other companies.