Asia stocks rise: Japan surges on Takaichi bets, China buoyed by positive GDP
Director Timothy Go of Celanese Corp (NYSE:CE) recently purchased a total of 1,039 shares of the company’s common stock. The purchases occurred on September 8, 2025, with prices ranging from $46.175 to $46.33 per share, resulting in a total transaction value of $48,053. The insider purchase comes as Celanese shares have declined over 61% in the past year, though InvestingPro analysis suggests the stock is currently undervalued.
The transactions increased Go’s direct ownership in Celanese to 4,415 shares. While the company has maintained dividend payments for 21 consecutive years, analysts expect a return to profitability this year with projected earnings of $4.38 per share. InvestingPro subscribers can access 8 additional key insights and a comprehensive analysis of Celanese’s financial health and growth prospects.
In other recent news, Celanese has faced a series of target price reductions from several financial firms, reflecting various challenges the company is encountering. Jefferies adjusted its price target for Celanese to $43, citing anticipated volatility in the company’s performance from 2025 to 2027. RBC Capital also lowered its target to $45, pointing to weak demand and production issues that could lead to a significant decline in earnings for the third quarter of 2025. BMO Capital set a new target of $47, highlighting market pressures, particularly in China, the European automotive sector, and the U.S. acetic acid market.
KeyBanc reduced its price target to $70 following a disappointing second-quarter update, noting a drop in demand and limited visibility moving forward, despite some successful cost management efforts. BofA Securities revised its target to $59, attributing the change to deteriorating demand and reduced order volumes in June and July. These adjustments reflect a broader concern about Celanese’s near-term challenges across its business segments. The consensus among analysts indicates a cautious outlook for the company’s performance in the coming quarters.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.