Celanese Corporation (CE) is undergoing a significant transformation, facing challenges along the way. Despite a drop in share price, several firms including
RBC Capital and
UBS maintain their neutral rating on the stock, hinting towards possible recovery. The company extended its debt maturity profile with a
$1.4B notes offering, which should strengthen liquidity. Amid Q3 earnings beat, sales volumes were lower, raising questions about sustainability. Some investors see potential in CE's strategic moves and value creation.
Thrivent Financial &
QSM Asset Management sold their shares while
RBF Capital LLC &
Hudson Bay Capital boosted their positions. With
J.P. Morgan fireside chat involvement and forthcoming Q2 earnings, there are expectations on earnings growth. Despite some pessimism surrounding
CE, its
innovation awards and contributions to the automotive portfolio demonstrate the company's commitment to improve its financial position. Lately,
CE has aggressively handled its debt profile by announcing
tender offers and closing down non-performing units such as the Belgian acetate tow plant, indicating proactive measures for added resilience.
Celanese Corporation CE News Analytics from Sun, 16 Feb 2025 08:00:00 GMT to Thu, 01 Jan 2026 14:41:00 GMT -
Rating -5
- Innovation 2
- Information 7
- Rumor -4
