Analysts’ Opinions Are Mixed on These Materials Stocks: Celanese (CE) and Mineral Resources Limited (OtherMALRF)
Analysts have been eager to weigh in on the Materials sector with new ratings on Celanese (CE – Research Report) and Mineral Resources Limited (MALRF – Research Report).
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Celanese (CE)
UBS analyst Joshua Spector maintained a Hold rating on Celanese on January 30 and set a price target of $50.00. The company’s shares closed last Monday at $46.04, close to its 52-week low of $45.94.
According to TipRanks.com, Spector is a 4-star analyst with an average return of
Celanese has an analyst consensus of Moderate Buy, with a price target consensus of $55.33, implying a 25.0% upside from current levels. In a report issued on January 20, Morgan Stanley also initiated coverage with a Hold rating on the stock with a $50.00 price target.
See the top stocks recommended by analysts >>
Mineral Resources Limited (MALRF)
In a report issued on January 29, Ben Lyons from Jarden maintained a Sell rating on Mineral Resources Limited, with a price target of A$21.70. The company’s shares closed last Wednesday at $39.53.
According to TipRanks.com, Lyons is a 3-star analyst with an average return of
Mineral Resources Limited has an analyst consensus of Hold, with a price target consensus of $38.62, implying a -2.3% downside from current levels. In a report issued on January 29, Goldman Sachs also maintained a Sell rating on the stock with a A$45.00 price target.
