Barclays analyst Michael Leithead maintains $Celanese Corp (CE.US)$ with a hold rating, and adjusts the target price from $151 to $101.
According to TipRanks data, the analyst has a success rate of 56.5% and a total average return of 4.0% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Celanese Corp (CE.US)$'s main analysts recently are as follows:
Following the Q3 report, the company's dividend has been almost entirely cut, with a plan for debt liquidity established.
The firm is adopting a more cautious stance on Celanese after the company's recent quarterly results, which led to substantial revisions in the expected earnings for 2024 and 2025. The anticipation is that it will take longer than previously thought to reach mid-cycle earnings.
Note:
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