Celanese Corp. (CE) Tops Q1 EPS by 50c, Revenues Beat; Raises 2Q & FY21 EPS Guidance Above Consensus

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Go back to Celanese Corp. (CE) Tops Q1 EPS by 50c, Revenues Beat; Raises 2Q & FY21 EPS Guidance Above Consensus

Celanese (CE) PT Raised to $190 at Jefferies

April 26, 2021 8:42 AM EDT

Jefferies analyst David Windley raised the price target on Celanese (NYSE: CE) to $190.00 (from $177.00) while maintaining a Buy rating.

The analyst commented, "Q1 EPS of $3.46 was $0.46 above consensus and $0.51 above our estimate. Q2 EPSpegged at $4.00 (consensus $3.13), and 2021 is increased 16% at the midpoint... More