SunTrust Robinson Humphrey Reports Celanese (CE) Downgrade from Buy; CARSALES.COM LTD ORDINARY SHARES AUSTRA (CSSSF) Shorts Increased By 12.5%

Celanese Corporation (NYSE:CE) Logo

New York-listed Celanese (NYSE:CE), was downgraded by stock research analysts at SunTrust Robinson Humphrey. SunTrust Robinson Humphrey downgraded its rating on the $12.70 billion market cap company to a Hold from a previous Buy.

CARSALES.COM LTD ORDINARY SHARES AUSTRA (OTCMKTS:CSSSF) had an increase of 12.5% in short interest. CSSSF’s SI was 9,900 shares in January as released by FINRA. Its up 12.5% from 8,800 shares previously. With 100 avg volume, 99 days are for CARSALES.COM LTD ORDINARY SHARES AUSTRA (OTCMKTS:CSSSF)’s short sellers to cover CSSSF’s short positions. It closed at $8.48 lastly. It is up 0.00% since January 14, 2018 and is . It has by 0.00% the S&P500.

Analysts await Celanese Corporation (NYSE:CE) to report earnings on January, 24. They expect $2.43 earnings per share, up 22.73% or $0.45 from last year’s $1.98 per share. CE’s profit will be $325.02 million for 9.77 P/E if the $2.43 EPS becomes a reality. After $2.96 actual earnings per share reported by Celanese Corporation for the previous quarter, Wall Street now forecasts -17.91% negative EPS growth.

Among 8 analysts covering Celanese (NYSE:CE), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Celanese has $145 highest and $100 lowest target. $119’s average target is 25.33% above currents $94.95 stock price. Celanese had 10 analyst reports since July 23, 2018 according to SRatingsIntel. The stock of Celanese Corporation (NYSE:CE) earned “Market Perform” rating by BMO Capital Markets on Tuesday, January 8. As per Monday, October 22, the company rating was maintained by Robert W. Baird. The stock of Celanese Corporation (NYSE:CE) has “Overweight” rating given on Monday, October 22 by Barclays Capital. JP Morgan maintained the stock with “Neutral” rating in Monday, July 23 report. The rating was maintained by KeyBanc Capital Markets on Monday, July 23 with “Overweight”. The stock of Celanese Corporation (NYSE:CE) has “Neutral” rating given on Monday, October 15 by Nomura. As per Thursday, October 11, the company rating was maintained by Citigroup. The rating was maintained by Citigroup on Tuesday, July 24 with “Buy”. The rating was maintained by Barclays Capital on Monday, July 30 with “Overweight”.

Celanese Corporation, a technology and specialty materials company, makes and sells value-added chemicals, thermoplastic polymers, and other chemical products worldwide. The company has market cap of $12.70 billion. The company's Advanced Engineered Materials segment develops, produces, and supplies specialty polymers for automotive and medical applications, as well as for use in industrial products and consumer electronics. It has a 9.88 P/E ratio. The Company’s Consumer Specialties segment provides cellulose acetate flakes, films, and tows for use in filter products applications; food protection ingredients, such as potassium sorbate and sorbic acid for food and beverage industry; Sunett, a sweetener for use in various beverages, confections, and dairy products; and Qorus, a sweetener system designed for low-to no-calorie carbonated and non-carbonated beverages, flavored waters, energy drinks, and milk and dairy products.

Another recent and important Celanese Corporation (NYSE:CE) news was published by Streetinsider.com which published an article titled: “Celanese Corp. (CE) to Replace Express Scripts (ESRX) in S&P 500 – StreetInsider.com” on December 19, 2018.

The stock increased 0.20% or $0.19 during the last trading session, reaching $94.95. About 756,360 shares traded. Celanese Corporation (NYSE:CE) has declined 15.23% since January 14, 2018 and is downtrending. It has underperformed by 15.23% the S&P500. Some Historical CE News: 20/03/2018 – Celanese Closes Below 200-Day Moving Average: Technicals; 16/04/2018 – Celanese Targets 2018 Adjusted EPS Growth of 20% to 25%; 19/03/2018 – CELANESE SAYS WILL BE REVIEWING STRATEGIC OPTIONS; 18/04/2018 – Celanese Corporation Increases Dividend 17 Percent and Declares Quarterly Dividend; 03/04/2018 – Celanese to Hold First Quarter Earnings Conference Call on April 17, 2018; 18/04/2018 – CELANESE BOOSTS QTR DIV TO 54C FROM 46C, EST. 50C; 01/05/2018 – Celanese Sees Engineered Materials Ops Adjusted EBIT Reaching $900M by 2020; 23/04/2018 – CFO Moves: Tate & Lyle, Celanese; 19/03/2018 – CELANESE – CO, BLACKSTONE’S RHODIA ACETOW BUSINESS HAVE WITHDRAWN NOTIFICATION OF PROPOSED JV FROM EUROPEAN COMMISSION; 09/03/2018 Celanese Announces Acetyl Intermediates Price Increase

Investors sentiment increased to 1.32 in 2018 Q3. Its up 0.31, from 1.01 in 2018Q2. It improved, as 27 investors sold Celanese Corporation shares while 133 reduced holdings. 65 funds opened positions while 146 raised stakes. 120.88 million shares or 0.39% more from 120.41 million shares in 2018Q2 were reported. Pub Sector Pension Inv Board has invested 0.01% in Celanese Corporation (NYSE:CE). Keybank National Association Oh invested in 0.01% or 8,133 shares. Employees Retirement Of Ohio accumulated 0.08% or 137,800 shares. Oakbrook Limited Liability Corporation has 0.05% invested in Celanese Corporation (NYSE:CE). Lord Abbett And Llc holds 0.18% or 574,200 shares. California State Teachers Retirement System invested in 222,118 shares or 0.05% of the stock. Fuller Thaler Asset Incorporated holds 1.9% of its portfolio in Celanese Corporation (NYSE:CE) for 1.62 million shares. Webster State Bank N A stated it has 0.01% in Celanese Corporation (NYSE:CE). Suntrust Banks owns 8,672 shares. Washington Fincl Bank owns 318 shares or 0.01% of their US portfolio. Qs Investors Limited accumulated 4,058 shares. Moreover, Burt Wealth has 0.01% invested in Celanese Corporation (NYSE:CE). Smith Asset Mgmt Ltd Partnership reported 269,069 shares or 0.87% of all its holdings. Bokf Na has 3,535 shares. 6,679 were accumulated by Globeflex Limited Partnership.

Another recent and important carsales.com Ltd (OTCMKTS:CSSSF) news was published by Seekingalpha.com which published an article titled: “Carsales To Keep Motoring On – Seeking Alpha” on March 01, 2018.

Celanese Corporation (NYSE:CE) Institutional Positions Chart

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