
NYSE:CE
This summary was created by AI, based on 1 opinions in the last 12 months.
Celanese Corporation is a key player in the chemical industry, producing essential products that are integral to daily life, including ingredients for food, fabrics, and pharmaceuticals. Despite experiencing weak pricing trends typical of cyclical stocks, there are signs that the market is beginning to stabilize, suggesting a potential bottoming of prices. This presents a significant opportunity for investors who can time their entry effectively. The company currently offers a modest yield of 0.23%, which, coupled with the analysts' price target of $71.17, could indicate room for growth as market conditions improve. However, as with any investment in cyclical industries, careful consideration of timing and market movements will be crucial.
Big correction that he calls a 4-year-cycle reset. October 13 was the start of a new 4-year cycle. Should have upside, by time, into late 2025 to early 2026. One of his favourite plays for this year. Higher lows, higher highs. If it continues to take out recent highs, sees no reason it won't test important resistance around $150, where it stalled out before.
Celanese Corporation is a American stock, trading under the symbol CE (previously CE-N on Stockchase) on the New York Stock Exchange (CE). It is usually referred to as NYSE:CE or CE
In the last year, 1 stock analyst issued a Buy, Sell, or Hold rating on CE (previously CE-N on Stockchase). 1 analyst recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is BUY. Read the latest stock experts' ratings for Celanese Corporation .
Celanese Corporation was recommended as a Top Pick by Jim Cramer - Mad Money on 2021-10-20. Read the latest stock experts ratings for Celanese Corporation .
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Celanese Corporation .
Celanese Corporation is followed by 7 investors on Stockchase and is a trending stock that is worth watching.
On 2026-07-02, Celanese Corporation (CE) stock closed at a price of $48.19.
Produces chemicals that are part of everyday life -- food products, fabric, pharmaceuticals. Pricing background has been weak (and that's what happens with cyclicals) -- starting to see a bottoming. Big opportunity if you can get the timing right. Yield is 0.23%.
(Analysts’ price target is $71.17)