B of A Securities Reiterates Buy Rating for Celanese Corporation

B of A Securities has reiterated its buy rating on Celanese Corporation (NYSE:CE) with a price target of $63. This reaffirmation by analyst Steve Byrne occurred on June 30, 2026. Shares of Celanese traded at about $45.93 on Tuesday.

Analysts Set New Price Targets

On June 30, 2026, B of A Securities maintained its buy rating for Celanese Corporation, setting a price target of $63. Citigroup also maintained a buy rating on June 24, 2026, with a target of $68. Earlier, on May 11, 2026, RBC Capital kept a hold rating with a price target of $68.

Other Institutional Activity in Celanese Corporation

Dodge & Cox slightly increased its holdings in Celanese by 41,860 shares, ending with a total of 15,345,910 shares valued at about $1.01 billion. BlackRock, Inc. added 354,088 shares, bringing its total to 13,088,961 shares worth roughly $860.86 million, marking a 2.8% increase. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both opened new positions, holding 6,271,682 shares and 4,946,280 shares, respectively. In contrast, Capital Research Global Investors reduced its stake by 868,640 shares, now holding 4,696,916 shares valued at $308.92 million, a 15.6% decrease.

Celanese Corporation Stock Up 2.2%

Shares of Celanese Corporation (NYSE:CE) traded near $45.93 on Tuesday. The company has a market capitalization of approximately $5.42 billion, with a forward P/E ratio of 7.47 and a beta of 0.738. The stock has seen a 52-week low of $35.13 and a high of $70.70. Its 50-day moving average is $57.09, while the 200-day moving average is $49.73. The company holds a current ratio of 1.38 and a quick ratio of 0.80, with a significant debt-to-equity ratio of 287.74.

Recent Earnings

For its recent quarter, Celanese reported revenues of $9.49 billion, although it faced a slight revenue decline of 2.2%. The company recorded a negative net margin of 11.56% and a return on equity of -21.11%. The next earnings announcement is scheduled for August 4, 2026.

Dividend

Celanese Corporation offers an annual dividend rate of $0.12, yielding 0.24%. The dividend payout ratio stands at 27.89%.

Insider Buying and Selling at Celanese Corporation

In May 2026, several insiders, including Anne Noonan, Bruce Chinn, and others, purchased shares of Celanese. Each of these insiders acquired 2,975 shares, although the transactions were executed with no reported price, suggesting these may have been part of a compensation package or similar arrangement. Edward Galante also bought three shares at an average price of $59.55.

About Celanese Corporation

Celanese Corporation, headquartered in Irving, Texas, is a global producer of engineered polymers. Operating through its Engineered Materials and Acetyl Chain segments, the company serves a wide range of industries, including automotive, construction, and consumer electronics. Under the leadership of CEO Scott A. Richardson, Celanese employs about 11,000 people worldwide.

Bottom Line

B of A Securities' reaffirmation of a buy rating for Celanese Corporation reflects continued confidence in the company's potential. While the 13F filings and analyst ratings provide valuable insights, they are backward-looking and might not represent the current market situation. Investors often monitor these updates to gauge institutional sentiment and potential stock movements.