Celanese (CE) PT Raised to $88 at Instinet
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Price: $50.23 +1.01%
Rating Summary:
15 Buy, 12 Hold, 4 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 4 | Down: 11 | New: 23
Rating Summary:
15 Buy, 12 Hold, 4 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 4 | Down: 11 | New: 23
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Instinet raised its price target on Celanese (NYSE: CE) to $88.00 (from $77.00) while maintaining a Neutral rating.
Analyst Aleksey Yefremov believes the current share price is discounting organic growth. Although Yefremov raises the PT he subsequently lowers FY 2017 EPS estimate from $7.26 to $7.21 and raises FY 2018 EPS estimate from $7.68 to $7.89
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