Analysts Offer Insights on Materials Companies: Celanese (CE) and Tosoh (OtherTOSCF)
Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Celanese (CE – Research Report) and Tosoh (TOSCF – Research Report).
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Celanese (CE)
In a report released today, Patrick Cunningham from Citi reiterated a Buy rating on Celanese, with a price target of $81.00. The company’s shares closed last Wednesday at $51.94, close to its 52-week low of $45.94.
According to TipRanks.com, Cunningham is a 3-star analyst with an average return of
Celanese has an analyst consensus of Moderate Buy, with a price target consensus of $61.47, implying a 21.4% upside from current levels. In a report issued on March 9, Vertical Research also upgraded the stock to Buy with a $60.00 price target.
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Tosoh (TOSCF)
In a report released today, Takato Watabe from Morgan Stanley maintained a Hold rating on Tosoh, with a price target of Yen2700.00. The company’s shares closed last Tuesday at $17.00.
According to TipRanks.com, Watabe is ranked #4114 out of 12127 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Tosoh with a $16.99 average price target, which is a -0.1% downside from current levels. In a report issued on March 5, TipRanks – xAI also downgraded the stock to Hold with a Yen2642.00 price target.
