Wells Fargo downgraded Celanese from Overweight to Equal Weight and set a new price target of $115.00 from $165.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/11/2024 | $161.00 → $97.00 | Buy → Neutral | UBS |
| 11/11/2024 | $138.00 → $76.00 | Market Perform → Underperform | BMO Capital Markets |
| 11/8/2024 | $150.00 → $98.00 | Neutral → Underweight | Piper Sandler |
| 11/6/2024 | $135.00 → $110.00 | Hold → Buy | Deutsche Bank |
| 11/5/2024 | $165.00 → $115.00 | Overweight → Equal Weight | Wells Fargo |
| 10/29/2024 | $130.00 | Hold → Sell | Vertical Research |
| 10/7/2024 | Overweight → Sector Weight | KeyBanc Capital Markets | |
| 9/5/2024 | $180.00 → $150.00 | Overweight → Neutral | Piper Sandler |
Repurposing industrial CO2 emissions creates new value across value chain Henkel Corporation, a global leader for adhesives, sealants and functional coatings, and Celanese Corporation, a global chemical and specialty materials company, have announced a partnership to enhance circularity in emulsion production by utilizing carbon capture-based materials. Earlier this year, Celanese launched a carbon capture and utilization (CCU) project at its Clear Lake, Texas site as part of its Fairway Methanol joint venture with Mitsui & Co., Ltd. The CCU technology captures industrial CO2 emissions and, using hydrogen, converts them into methanol, which forms 35% of vinyl acetate monomer – a crucial
Celanese Corporation announced the publication of its 2023-2024 Sustainability Report, The Chemistry of Change, and its complementary 2023-2024 Sustainability Index. This year's report underscores the company's expansion of its lower-carbon footprint solutions that support evolving customer needs, commitment to driving innovation across its businesses and supply chains, and efforts to build on its emissions tracking and reporting capabilities. The associated index provides a comprehensive view of resources and disclosures, including alignment with sustainability frameworks, policies, practices, and metrics. "Chemistry is key to helping us unlock and solve many of the sustainability challe
Celanese Corporation (NYSE:CE), a global chemical and specialty materials company, today reported third quarter 2024 U.S. GAAP diluted earnings per share of $1.08 and adjusted earnings per share of $2.44. The Company generated net sales of $2.6 billion in the quarter, down slightly from the previous quarter inclusive of neutral sequential volume, a slight sequential increase in currency, and a sequential decrease in pricing of 1 percent. During the third quarter, Celanese continued to navigate persistent demand weakness across key end-markets like paints, coatings, and construction, as well as rapid and acute downturns in Western Hemisphere automotive and industrial segments. The demand de
4 - Celanese Corp (0001306830) (Issuer)
4 - Celanese Corp (0001306830) (Issuer)
Celanese Corporation (NYSE:CE), a global chemical and specialty materials company, today reported third quarter 2024 U.S. GAAP diluted earnings per share of $1.08 and adjusted earnings per share of $2.44. The Company generated net sales of $2.6 billion in the quarter, down slightly from the previous quarter inclusive of neutral sequential volume, a slight sequential increase in currency, and a sequential decrease in pricing of 1 percent. During the third quarter, Celanese continued to navigate persistent demand weakness across key end-markets like paints, coatings, and construction, as well as rapid and acute downturns in Western Hemisphere automotive and industrial segments. The demand de
Celanese Corporation (NYSE:CE), a global chemical and specialty materials company, today declared a quarterly cash dividend of $0.70 per share on its common stock, payable November 13, 2024. The dividend is payable to stockholders of record as of October 30, 2024. About Celanese Celanese is a global leader in chemistry, producing specialty material solutions used across most major industries and consumer applications. Our businesses use our chemistry, technology and commercial expertise to create value for our customers, employees and shareholders. We are committed to sustainability by responsibly managing the materials we create for their entire lifecycle and are growing our portfolio o
Celanese Corporation (NYSE:CE), a global chemical and specialty materials company, today announced that it will host a conference call to discuss its third quarter 2024 results on Tuesday, November 5, 2024, beginning at 11:00 a.m. ET. The conference call will be available by webcast at https://investors.celanese.com or by phone: Dial-in Number: 1-877-407-0989 International Dial-In Number: 1-201-389-0921 Alternatively, to enter the call immediately without waiting for operator assistance, attendees may pre-register for the call by clicking the link below. Registrant Link: http://services.incommconferencing.com/DiamondPassRegistration/register?confirmationNumber=13749380&linkSecurityStrin
SC 13G/A - Celanese Corp (0001306830) (Subject)
SC 13G/A - Celanese Corp (0001306830) (Subject)
SC 13G/A - Celanese Corp (0001306830) (Subject)
Keybanc analyst Aleksey Yefremov maintains Celanese (NYSE:CE) with a Overweight and lowers the price target from $190 to $180.
UBS analyst Joshua Spector maintains Celanese (NYSE:CE) with a Buy and lowers the price target from $193 to $184.
10-Q - Celanese Corp (0001306830) (Filer)
8-K - Celanese Corp (0001306830) (Filer)
8-K - Celanese Corp (0001306830) (Filer)
BMO Capital Markets downgraded Celanese from Market Perform to Underperform and set a new price target of $76.00 from $138.00 previously
UBS downgraded Celanese from Buy to Neutral and set a new price target of $97.00 from $161.00 previously
Piper Sandler downgraded Celanese from Neutral to Underweight and set a new price target of $98.00 from $150.00 previously
4 - Celanese Corp (0001306830) (Issuer)
4 - Celanese Corp (0001306830) (Issuer)
4 - Celanese Corp (0001306830) (Issuer)
Celanese Corporation (NYSE:CE), a global chemical and specialty materials company, has been honored by The Women's Forum of New York at its sixth biennial "Breakfast of Corporate Champions Event" (BCC) for achieving 55 percent female representation on its board of directors. For 2021, The Women's Forum individually honored 43 companies from the S&P 500 and FORTUNE 1000 that have achieved or exceeded 50 percent or more female representation on their corporate boards. Celanese is one of these 43 public companies to achieve such a feat and received special on-stage recognition at the event. "At Celanese, we are uniquely positioned to improve the world through the power of not only our chemis
SIOUX FALLS, S.D.--(BUSINESS WIRE)--Raven Industries, Inc. (the Company; NASDAQ:RAVN), a diversified technology leader in agriculture, high-performance specialty films, and aerospace and defense solutions, announced the appointment of Taimur Sharih as Chief Financial Officer, effective March 1. “Taimur’s leadership and track record of driving results and transformational growth fits exceptionally well with Raven’s bold strategy,” said Dan Rykhus, President and Chief Executive Officer. “Taimur brings 25 years of leadership and financial experience in a variety of businesses and global markets, where he’s been responsible for supporting sizeable operations and leading high-performi