Koninklijke Philips N.V. (PHG) At $40.21 Forms Top; Celanese (CE) Sentiment Is 1.05

Koninklijke Philips N.V. (PHG) formed multiple top with $41.42 target or 3.00% above today’s $40.21 share price. Koninklijke Philips N.V. (PHG) has $36.72B valuation. The stock increased 3.10% or $1.21 during the last trading session, reaching $40.21. About 3.00M shares traded or 99.38% up from the average. Koninklijke Philips N.V. (NYSE:PHG) has risen 38.13% since March 17, 2017 and is uptrending. It has outperformed by 21.43% the S&P500.

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 $14.50 billion. The companyÂ’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 17.51 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.

Gmt Capital Corp holds 8.96% of its portfolio in Celanese Corporation for 4.03 million shares. Covey Capital Advisors Llc owns 30,402 shares or 4.63% of their US portfolio. Moreover, Lyrical Asset Management Lp has 4.12% invested in the company for 3.03 million shares. The Pennsylvania-based Muhlenkamp & Co Inc has invested 3.59% in the stock. Chase Investment Counsel Corp, a Virginia-based fund reported 56,491 shares.

The stock increased 0.95% or $1 during the last trading session, reaching $106.73. About 670,692 shares traded or 7.92% up from the average. Celanese Corporation (CE) has risen 21.48% since March 17, 2017 and is uptrending. It has outperformed by 4.78% the S&P500.

Analysts await Celanese Corporation (NYSE:CE) to report earnings on April, 16. They expect $2.33 earnings per share, up 28.73% or $0.52 from last year’s $1.81 per share. CE’s profit will be $316.46M for 11.45 P/E if the $2.33 EPS becomes a reality. After $1.98 actual earnings per share reported by Celanese Corporation for the previous quarter, Wall Street now forecasts 17.68% EPS growth.

Ratings analysis reveals 83% of Celanese’s analysts are positive. Out of 6 Wall Street analysts rating Celanese, 5 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $80.0 while the high is $105.0. The stock’s average target of $93.25 is -12.63% below today’s ($106.73) share price. CE was included in 6 notes of analysts from September 7, 2016. The firm has “Outperform” rating by RBC Capital Markets given on Tuesday, December 13. The stock of Celanese Corporation (NYSE:CE) earned “Overweight” rating by KeyBanc Capital Markets on Friday, October 7. Citigroup downgraded Celanese Corporation (NYSE:CE) on Wednesday, September 7 to “Neutral” rating. The company was upgraded on Wednesday, November 30 by Goldman Sachs. The company was initiated on Friday, February 17 by Robert W. Baird. The firm has “Outperform” rating by Cowen & Co given on Thursday, December 1.