Fintel reports that on November 8, 2024, Piper Sandler downgraded their outlook for Celanese (LSE:0HUR) from Neutral to Underweight.
Analyst Price Forecast Suggests 67.64% Upside
As of October 22, 2024, the average one-year price target for Celanese is 150.42 GBX/share. The forecasts range from a low of 120.94 GBX to a high of 186.50 GBX. The average price target represents an increase of 67.64% from its latest reported closing price of 89.73 GBX / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Celanese is 13,053MM, an increase of 24.56%. The projected annual non-GAAP EPS is 15.00.
What is the Fund Sentiment?
There are 1,316 funds or institutions reporting positions in Celanese. This is an increase of 20 owner(s) or 1.54% in the last quarter. Average portfolio weight of all funds dedicated to 0HUR is 0.17%, an increase of 15.22%. Total shares owned by institutions increased in the last three months by 1.68% to 156,324K shares.
What are Other Shareholders Doing?
Capital Research Global Investors holds 15,294K shares representing 14.00% ownership of the company. In its prior filing, the firm reported owning 14,899K shares , representing an increase of 2.58%. The firm decreased its portfolio allocation in 0HUR by 21.86% over the last quarter.
Capital International Investors holds 11,134K shares representing 10.19% ownership of the company. In its prior filing, the firm reported owning 11,345K shares , representing a decrease of 1.90%. The firm decreased its portfolio allocation in 0HUR by 21.68% over the last quarter.
AWSHX – WASHINGTON MUTUAL INVESTORS FUND holds 7,768K shares representing 7.11% ownership of the company. In its prior filing, the firm reported owning 7,771K shares , representing a decrease of 0.03%. The firm decreased its portfolio allocation in 0HUR by 14.21% over the last quarter.
AIVSX – INVESTMENT CO OF AMERICA holds 7,589K shares representing 6.95% ownership of the company. In its prior filing, the firm reported owning 7,591K shares , representing a decrease of 0.03%. The firm decreased its portfolio allocation in 0HUR by 25.12% over the last quarter.
Wellington Management Group Llp holds 7,424K shares representing 6.79% ownership of the company. In its prior filing, the firm reported owning 7,944K shares , representing a decrease of 7.00%. The firm decreased its portfolio allocation in 0HUR by 26.09% over the last quarter.
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