Celanese Corporation has been experiencing diverse market movements. It was downgraded by
Wells Fargo & Company and its price target was lowered by
Citigroup, yet the latter maintained a
Buy rating.
Evercore ISI retained its cautious stance on the company post-Q3 earnings, amidst broader chemical stock rallies. Major refinancing moves were made through a
$1.4 billion senior notes offering, extending debt maturities. Other moves attracting the market's attention were the increase in tender offer limits for 2027 and 2028, purchases of Celanese's shares by
RBF Capital LLC and
Amundi, and news of the CFO picking up
5,000 shares. However,
Dodge & Cox and JPMorgan Chase & Co. reduced their stock positions in Celanese. Product-wise, the
carbon footprint certification for its low-carbon POM ECO-C products was noted.
This mixed set of indicators has sparked debates, causing some analysts to paint a bull case theory while others suggest a decline in earnings. Advice to investors is to monitor the situation as it progresses.
Celanese Corporation CE News Analytics from Fri, 21 Feb 2025 08:00:00 GMT to Sat, 20 Dec 2025 12:53:53 GMT -
Rating 0
- Innovation 0
- Information 2
- Rumor -1
