Analyst Vincent Andrews of Morgan Stanley maintained a Hold rating on Celanese, boosting the price target to $72.00.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Vincent Andrews has given his Hold rating due to a combination of factors related to both near-term upside and lingering uncertainties around sustainability of earnings. He acknowledges that supply disruptions in the acetyl value chain and a steeper cost curve are currently supporting higher pricing and margins, leading him to raise his earnings outlook and increase the price target to $72.
At the same time, he highlights that it is difficult to gauge Celanese’s exact exposure to spot versus contract pricing in acetyls, which creates material uncertainty for 2026 profitability. He also notes potential headwinds in Engineered Materials from softer automotive demand and production issues at the Ibn Sina joint venture, which, together with structural oversupply concerns, limit conviction that the recent strength can be maintained, justifying a Hold rather than a more aggressive rating.