RBC raises price target on Celanese to $63, optimistic medium-term outlook

2025-07-03 15:38:00

RBC Capital raises price target on Celanese (NYSE:CE) to $63 from $53, maintaining Sector Perform rating. Analysts highlight improved outlook for fiscal 2025 but warn of weakness in automotive builds impacting near-term results. Q2 performance crucial for inventory management and growth positioning. Estimates steady with projected EPS of $1.33 for Q2, $4.97 for 2025, and $7.10 for 2026, along with EBITDA forecasts. Firm skeptical of Celanese sustaining $2 EPS target per quarter without meaningful volume improvements. Updated price target reflects brighter medium-term outlook with lingering headwinds.