Celanese Corporation which can be found using ticker (CE) now have 23 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between 150 and 100 with the average target price sitting at $124.07. Given that the stocks previous close was at $108.50 and the analysts are correct then we can expect a percentage increase in value of 14.4%. The 50 day MA is $105.27 while the 200 day moving average is $107.08. The company has a market cap of 11.77B. The current share price for the company is: 108.18 USD
The potential market cap would be $13,457,519,064 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 7.92, revenue per share of 92.06 and a 3.96% return on assets.
Celanese Corporation is a global chemical and specialty materials company. The Company is a producer of engineered polymers that are used in a variety of applications. Its segments include Engineered Materials and Acetyl Chain. The Engineered Materials segment develops, produces and supplies a range of specialty polymers for automotive and medical applications, as well as industrial products and consumer electronics. This segment also supplies acesulfame potassium for the food and beverage industry and a producer of food protection ingredients, such as potassium sorbate and sorbic acid. The Acetyl Chain segment includes the integrated chain of intermediate chemistry, emulsion polymers, ethylene vinyl acetate (EVA) polymers and redispersible powders (RDP) businesses, and acetate tow businesses. It is also engaged in the Mobility and Materials (M&M) business. Its products include polyoxymethylene, ultra-high molecular weight polyethylene and long-fiber reinforced thermoplastics.
