Citigroup upgraded Celanese from Neutral to Buy and set a new price target of $53.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/2/2025 | $53.00 | Neutral → Buy | Citigroup |
| 6/16/2025 | $66.00 | Equal Weight → Overweight | Wells Fargo |
| 5/20/2025 | $55.00 | Underperform → Market Perform | BMO Capital Markets |
| 3/21/2025 | $76.00 | Sector Weight → Overweight | KeyBanc Capital Markets |
| 3/17/2025 | $70.00 | Neutral → Overweight | Alembic Global Advisors |
| 3/6/2025 | $66.00 | Sell → Hold | Vertical Research |
| 2/20/2025 | $84.00 → $56.00 | Outperform → Sector Perform | RBC Capital Mkts |
| 1/14/2025 | $95.00 → $88.00 | Underperform → Buy | BofA Securities |
Purchase price of approximately $500 million, subject to adjustment, net proceeds of which will be dedicated to deleveraging Current pro forma run rate EBITDA of the business in 2025 is approximately $40 million Celanese Corporation (NYSE:CE), a global specialty materials and chemical company, announced today it has signed a definitive agreement to divest the Micromax® portfolio of products to Element Solutions Inc (NYSE:ESI). Under the terms of the agreement, Celanese will receive approximately $500 million in cash, subject to adjustments. "The agreement to divest Micromax benefits Celanese and our shareholders, and we are pleased to have run a successful process that maximizes th
Portfolio includes highly engineered Electronics pastes and inks for specialized, high-performance applications built on complementary technical service, applications development and manufacturing capabilities Value enhancing and accretive transaction builds on existing high-value electronics portfolio to create a $2 billion market-leading electronics performance technologies business Element Solutions Inc (NYSE:ESI) ("Element Solutions," "ESI" or the "Company"), a global and diversified specialty chemical technology company, announced today that it has signed a definitive agreement to acquire Micromax from Celanese Corporation (NYSE:CE) for approximately $500 million in cash, subjec
Celanese (NYSE:CE), a global chemical and specialty materials company, today announced to its employees and local union representatives its intent to cease operations at its acetate tow facility in Lanaken during the second half of 2026. Celanese plans to now commence the formal information and consultation process with the local union representatives. Acetate tow has faced challenging conditions, including declining demand and growing uncertainty in the regulatory environment. The intended closure is also influenced by the need to optimize the company's cost structure, particularly in light of the comparably high energy and operating costs associated with the Lanaken site. Following a st
Citigroup upgraded Celanese from Neutral to Buy and set a new price target of $53.00
Wells Fargo upgraded Celanese from Equal Weight to Overweight and set a new price target of $66.00
BMO Capital Markets upgraded Celanese from Underperform to Market Perform and set a new price target of $55.00
4 - Celanese Corp (0001306830) (Issuer)
4 - Celanese Corp (0001306830) (Issuer)
4 - Celanese Corp (0001306830) (Issuer)
4 - Celanese Corp (0001306830) (Issuer)
4 - Celanese Corp (0001306830) (Issuer)
4 - Celanese Corp (0001306830) (Issuer)
8-K - Celanese Corp (0001306830) (Filer)
8-K - Celanese Corp (0001306830) (Filer)
8-K - Celanese Corp (0001306830) (Filer)
SC 13G/A - Celanese Corp (0001306830) (Subject)
SC 13G/A - Celanese Corp (0001306830) (Subject)
SC 13G/A - Celanese Corp (0001306830) (Subject)
NEW YORK, March 7, 2025 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 100, S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, March 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 100 are more representative of the mega-cap market space. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P
Board Establishes Finance and Business Review Committee to Assist with Oversight of the Company's Financial Position and Business Improvement Initiatives Celanese Corporation (NYSE:CE), a global chemical and specialty materials company, today announced the election of Scott Sutton to the company's Board of Directors. Mr. Sutton, 60, will join the Celanese Board effective March 1, 2025, and stand for re-election at the 2025 Annual Meeting of Shareholders. In addition, the Board has established a Finance and Business Review Committee, to assist with oversight of the company's financial position and strategy, including its efforts to further reduce costs, prioritize cash flow, accelerate del
Todd Elliott Rejoins Celanese to Lead Engineered Materials Celanese Corporation (NYSE:CE), a global chemical and specialty materials company, today announced a new addition to its Executive Leadership Team (ELT). Todd Elliott, a proven executive who retired from Celanese in 2020 as Senior Vice President (SVP) and head of the Acetyls business, will return to the Company as SVP to lead the Engineered Materials (EM) business, effective February 3, 2025. Elliott will succeed Tom Kelly, who is stepping down as SVP, Engineered Materials and will serve in a transition role through March 10, 2025. Elliott had a diverse and successful career with Celanese, progressing through multiple leadersh
Celanese Corporation (NYSE:CE), a global chemical and specialty materials company, today declared a quarterly cash dividend of $0.03 per share on its common stock, payable November 12, 2025. The dividend is payable to stockholders of record as of October 28, 2025. 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 support sustainability by responsibly managing the materials we create and growing our portfolio of sustainable products to meet custom
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 2025 results on Friday, November 7, 2025, beginning at 9:00 a.m. ET. The conference call will be available by webcast at https://investors.celanese.com or by phone: Dial-in Number: 1-877-737-7051 International Dial-In Number: 1-201-689-8878 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=13756241&linkSecurityStr
Celanese Corporation (NYSE:CE), a global chemical and specialty materials company, today reported second quarter 2025 U.S. GAAP diluted earnings per share of $1.90 and adjusted earnings per share of $1.44. The Company generated net sales of $2.5 billion in the second quarter, a 6 percent increase from the previous quarter driven by increases of 4 percent in volume and 3 percent in currency, with a small offset in price. Most end-markets continued to be challenged in the second quarter, and Celanese remained focused on driving self-help measures to advance the strategic priorities of increasing cash to deleverage the balance sheet, intensifying cost improvements, and driving top-line growth