Celanese Corp Class A
CE: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$815.00 | Lqgmhg | Bvrlqtrhn |
Maintaining Celanese $160 FVE as Management Signals Weakening Demand; Shares Materially Undervalued
Celanese's third-quarter results were generally in line with our outlook for the year. Having updated our model to incorporate the earnings results, we maintain our $160 per share fair value estimate. Our narrow-moat rating is also unchanged.