Celanese (NYSE:CE) Given New $80.00 Price Target at Citigroup

Celanese (NYSE:CE) had its target price reduced by Citigroup from $84.00 to $80.00 in a report published on Thursday,Benzinga reports. Citigroup currently has a buy rating on the basic materials company’s stock.

Several other research analysts also recently issued reports on the stock. Evercore set a $63.00 price objective on shares of Celanese in a research report on Wednesday, February 18th. Robert W. Baird raised their price objective on shares of Celanese from $65.00 to $75.00 and gave the company an “outperform” rating in a research note on Friday, March 27th. Morgan Stanley boosted their price objective on shares of Celanese from $50.00 to $72.00 and gave the stock an “equal weight” rating in a report on Tuesday. Zacks Research raised shares of Celanese from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 21st. Finally, Jefferies Financial Group raised shares of Celanese from a “hold” rating to a “buy” rating and set a $86.00 price objective on the stock in a report on Thursday, February 5th. Nine investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $67.06.

Celanese Price Performance

Shares of NYSE:CE opened at $58.51 on Thursday. The company’s fifty day moving average price is $60.36 and its 200 day moving average price is $49.97. Celanese has a 12 month low of $35.13 and a 12 month high of $70.70. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.38 and a quick ratio of 0.94. The firm has a market capitalization of $6.41 billion, a P/E ratio of -5.84, a P/E/G ratio of 0.39 and a beta of 0.81.

Celanese (NYSE:CE) last announced its quarterly earnings results on Tuesday, May 5th. The basic materials company reported $0.85 EPS for the quarter, missing the consensus estimate of $0.88 by ($0.03). Celanese had a positive return on equity of 9.92% and a negative net margin of 11.54%.The company had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.34 billion. During the same quarter in the prior year, the business earned $0.57 earnings per share. Celanese’s revenue was down 2.2% compared to the same quarter last year. Celanese has set its Q2 2026 guidance at 2.000-2.400 EPS. As a group, sell-side analysts predict that Celanese will post 5.4 earnings per share for the current fiscal year.

Celanese Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, May 11th. Shareholders of record on Monday, April 27th will be issued a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Monday, April 27th. Celanese’s dividend payout ratio is -1.20%.

Institutional Trading of Celanese

Institutional investors and hedge funds have recently modified their holdings of the business. JPMorgan Chase & Co. lifted its holdings in shares of Celanese by 12.8% in the third quarter. JPMorgan Chase & Co. now owns 259,196 shares of the basic materials company’s stock valued at $10,907,000 after purchasing an additional 29,392 shares in the last quarter. Great Lakes Advisors LLC purchased a new stake in shares of Celanese in the third quarter valued at about $3,171,000. AMG National Trust Bank lifted its stake in shares of Celanese by 270.1% during the third quarter. AMG National Trust Bank now owns 70,322 shares of the basic materials company’s stock valued at $2,959,000 after buying an additional 51,322 shares during the period. Fox Run Management L.L.C. lifted its stake in shares of Celanese by 406.9% during the third quarter. Fox Run Management L.L.C. now owns 42,175 shares of the basic materials company’s stock valued at $1,775,000 after buying an additional 33,854 shares during the period. Finally, Russell Investments Group Ltd. lifted its stake in shares of Celanese by 21.5% during the third quarter. Russell Investments Group Ltd. now owns 1,214,487 shares of the basic materials company’s stock valued at $51,104,000 after buying an additional 214,632 shares during the period. Hedge funds and other institutional investors own 98.87% of the company’s stock.

Trending Headlines about Celanese

Here are the key news stories impacting Celanese this week:

• Positive Sentiment: JPMorgan raised its price target from $53 to $68 (maintained Neutral), signaling confidence in recovery potential and providing a near?term price catalyst. Benzinga
• Positive Sentiment: Mizuho lifted its target from $58 to $65 (Neutral), adding to analyst support that upside exists from current levels. Benzinga
• Positive Sentiment: Morgan Stanley published a bullish forecast for CE, highlighting potential strong price appreciation if execution and end?market trends improve. Morgan Stanley Forecast
• Positive Sentiment: Management is targeting ~$3 EPS in 2H?2026 and advancing a $30M Nylon?66 savings plan while reorganizing its nylon business to boost the engineered materials segment — these are actionable cost and growth levers that could support earnings recovery. MSN MarketWatch
• Neutral Sentiment: Citigroup trimmed its target from $84 to $80 but kept a Buy rating — a mixed message that reduces upside expectations slightly while still signaling longer?term conviction. Benzinga
• Neutral Sentiment: Celanese announced a collaboration with SharpCell on carbon capture & utilization for airlaid nonwovens (long?term sustainability/market opportunity; unlikely to move near?term results). FinanzNachrichten
• Negative Sentiment: Q1 results missed consensus: EPS $0.85 vs. $0.88 expected and revenue modestly declined year?over?year — investors often punish misses even when outlooks are constructive. Zacks Yahoo Transcript
• Negative Sentiment: The stock has been underperforming peers recently, which can accelerate outflows from funds and momentum sellers. MarketWatch

About Celanese

Celanese Corporation is a global chemical and specialty materials company that develops, manufactures and markets a broad portfolio of products serving diverse industries. The company operates through two primary business segments—Engineered Materials and Acetyl Chain—offering solutions that range from high-performance polymers and specialty additives to industrial chemicals and intermediates. Its engineered materials are used in applications such as automotive components, consumer electronics, medical devices and packaging, while its acetyl derivatives find uses in coatings, adhesives, solvents and personal care products.

In the Engineered Materials segment, Celanese produces a variety of high-performance thermoplastics, polyether-block-amide (PEBA) elastomers and functional additives designed to enhance product durability, thermal resistance and sustainability.