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Celanese Corporation (CE) [hlAlert]

Rating:
Buy CE
up 53.21 %

Celanese Corporation (CE) rated Buy with price target $52 by Ticonderoga

Posted on: Tuesday,  Oct 18, 2011  8:25 AM ET by Ticonderoga

Ticonderoga rated Buy Celanese Corporation (NYSE: CE) on 10/18/2011, when the stock price was $38.71. Since
then, Celanese Corporation has gained 53.22% as of 01/27/2016's recent price of $59.31.
If you would have followed this Ticonderoga's recommendation on CE, you would have gained 53.21% of your investment in 1562 days.

Celanese Corporation (Celanese) is an integrated producer of chemicals and advanced materials. It is a producer of acetyl products, which are intermediate chemicals for many industries, as well as a global producer of high performance engineered polymers that are used in a variety of end-use applications. Celanese operates principally through four business segments: Advanced Engineered Materials, Consumer Specialties, Industrial Specialties and Acetyl Intermediates. Advanced Engineered Materials segment develops, produces and supplies a portfolio of high performance technical polymers. Consumer Specialties segment consists of its Acetate Products and Nutrinova businesses. Its Industrial Specialties segment includes its emulsions and AT Plastics businesses. Acetyl Intermediates segment produces and supplies acetyl products. In July 2009, the Company completed the sale of its polyvinyl alcohol business to Sekisui Chemical Co. Ltd.

Ticonderoga is a growing financial services firm, delivering high quality services to a broad spectrum of institutional clients. Ticonderoga operates from its headquarters in New York, along with additional offices in Richmond and San Francisco.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/18/2011 8:25 AM Buy
None
38.71 52.00
as of 12/30/2011
1 Week down  -0.09 %
1 Month down  -4.77 %
3 Months up  14.36 %
1 YTD up  14.36 %

(*) Stock Price at the time of the recommendation.
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