CE stock icon

Celanese
CE

$137
0.76%
 

About: Celanese is one of the world's largest producers of acetic acid and its downstream derivative chemicals, which are used in various end markets, including coatings and adhesives. The company is also one of the largest producers of specialty polymers, which are used in the automotive, electronics, medical, building, and consumer end markets. The company also makes cellulose derivatives used in cigarette filters.

Employees: 12,410

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 22 analysts
0
News positive %
of 6 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

235% more call options, than puts

Call options by funds: $69.9M | Put options by funds: $20.9M

31% more first-time investments, than exits

New positions opened: 89 | Existing positions closed: 68

8% more capital invested

Capital invested by funds: $17.8B [Q4 2023] → $19.2B (+$1.43B) [Q1 2024]

3% more funds holding

Funds holding: 625 [Q4 2023] → 646 (+21) [Q1 2024]

6% less repeat investments, than reductions

Existing positions increased: 213 | Existing positions reduced: 226

4.65% less ownership

Funds ownership: 105.23% [Q4 2023] → 100.58% (-4.65%) [Q1 2024]

40% less funds holding in top 10

Funds holding in top 10: 5 [Q4 2023] → 3 (-2) [Q1 2024]

Research analyst outlook

22 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$13
91%
downside
Avg. target
$161
17%
upside
High target
$195
42%
upside

22 analyst ratings

12 positive
55%
neutral
32%
negative
14%
BMO Capital
John McNulty
15%upside
$158
Market Perform
Maintained
11 Jun 2024
Deutsche Bank
David Begleiter
17%upside
$160
Hold
Maintained
10 Jun 2024
B of A Securities
Steve Byrne
5%upside
$144
Underperform
Maintained
10 Jun 2024
Piper Sandler
Charles Neivert
31%upside
$180
Overweight
Maintained
17 May 2024
BMO Capital
John McNulty
15%upside
$158
Market Perform
Maintained
14 May 2024

Financial journalist opinion

Based on 6 articles about CE published over the past 30 days