Goldman Sachs Raises Price Target On Celanese (CE) to $59
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Price: $44.13 -2.97%
Rating Summary:
15 Buy, 12 Hold, 4 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 10 | Down: 7 | New: 64
Rating Summary:
15 Buy, 12 Hold, 4 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 10 | Down: 7 | New: 64
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Goldman Sachs raised estimates and its price target on Celanese (NYSE: CE) from $55 to $59 following Q4 results. The firm reiterated their Buy rating.
2012/2013 EPS estimates go to $4.77/$5.84 from $4.75/$5.89. The firm reiterated their Buy rating as completion of CE's ethanol facility in Texas this summer as a catalyst that could cause investors to ascribe more value to this breakthrough technology.
For an analyst ratings summary and ratings history on Celanese click here. For more ratings news on Celanese click here.
Shares of Celanese closed at $51.16 yesterday.
2012/2013 EPS estimates go to $4.77/$5.84 from $4.75/$5.89. The firm reiterated their Buy rating as completion of CE's ethanol facility in Texas this summer as a catalyst that could cause investors to ascribe more value to this breakthrough technology.
For an analyst ratings summary and ratings history on Celanese click here. For more ratings news on Celanese click here.
Shares of Celanese closed at $51.16 yesterday.
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