Celanese (CE) At $106.15 Forms Top; Cubist Systematic Strategies Raised Its Molson Coors Brewing Co (TAP) Holding

Celanese Corporation (CE) formed multiple top with $115.70 target or 9.00% above today’s $106.15 share price. Celanese Corporation (CE) has $14.40B valuation. The stock decreased 0.27% or $0.29 during the last trading session, reaching $106.15. About 20,111 shares traded. Celanese Corporation (NYSE:CE) has risen 21.48% since December 22, 2016 and is uptrending. It has outperformed by 4.78% the S&P500.

Cubist Systematic Strategies Llc increased Molson Coors Brewing Co (TAP) stake by 178.3% reported in 2017Q3 SEC filing. Cubist Systematic Strategies Llc acquired 12,158 shares as Molson Coors Brewing Co (TAP)’s stock declined 7.34%. The Cubist Systematic Strategies Llc holds 18,977 shares with $1.55M value, up from 6,819 last quarter. Molson Coors Brewing Co now has $17.53B valuation. The stock increased 0.26% or $0.21 during the last trading session, reaching $81.39. About 54,183 shares traded. Molson Coors Brewing Company (NYSE:TAP) has declined 3.45% since December 22, 2016 and is downtrending. It has underperformed by 20.15% the S&P500.

Analysts await Celanese Corporation (NYSE:CE) to report earnings on February, 7. They expect $1.84 earnings per share, up 21.05% or $0.32 from last year’s $1.52 per share. CE’s profit will be $249.57M for 14.42 P/E if the $1.84 EPS becomes a reality. After $1.93 actual earnings per share reported by Celanese Corporation for the previous quarter, Wall Street now forecasts -4.66% negative EPS growth.

Among 15 analysts covering Celanese (NYSE:CE), 11 have Buy rating, 1 Sell and 3 Hold. Therefore 73% are positive. Celanese has $122.0 highest and $64 lowest target. $104.47’s average target is -1.58% below currents $106.15 stock price. Celanese had 60 analyst reports since September 1, 2015 according to SRatingsIntel. The company was maintained on Thursday, October 5 by Jefferies. RBC Capital Markets maintained the shares of CE in report on Monday, June 19 with “Buy” rating. The firm has “Buy” rating by Citigroup given on Wednesday, October 18. Cowen & Co maintained it with “Buy” rating and $120.0 target in Friday, October 27 report. On Monday, July 24 the stock rating was maintained by Alembic with “Sell”. As per Wednesday, November 18, the company rating was maintained by Deutsche Bank. The firm earned “Buy” rating on Monday, June 5 by RBC Capital Markets. Cowen & Co maintained the shares of CE in report on Friday, August 4 with “Buy” rating. The firm has “Neutral” rating given on Wednesday, September 7 by Citigroup. The firm earned “Overweight” rating on Friday, October 7 by KeyBanc Capital Markets.

Investors sentiment decreased to 0.91 in Q3 2017. Its down 0.15, from 1.06 in 2017Q2. It worsened, as 24 investors sold Celanese Corporation shares while 162 reduced holdings. 56 funds opened positions while 114 raised stakes. 126.78 million shares or 3.48% less from 131.35 million shares in 2017Q2 were reported. Riverhead Capital Limited Com stated it has 0.05% of its portfolio in Celanese Corporation (NYSE:CE). Dubuque State Bank & Communications has 40 shares for 0% of their portfolio. Clark Capital Mgmt Group stated it has 0.46% in Celanese Corporation (NYSE:CE). Tcw holds 0.02% or 28,984 shares. Whittier has invested 0.02% of its portfolio in Celanese Corporation (NYSE:CE). Old Mutual Customised Solutions (Proprietary) Limited holds 0.06% of its portfolio in Celanese Corporation (NYSE:CE) for 4,100 shares. First Manhattan Company owns 60 shares or 0% of their US portfolio. Utah Retirement stated it has 25,189 shares. Private Tru Na holds 0.08% or 3,558 shares. Brown Brothers Harriman has 2.9% invested in Celanese Corporation (NYSE:CE). Raymond James Na, a Florida-based fund reported 3,782 shares. Moreover, Hillsdale Invest Mgmt Incorporated has 0.06% invested in Celanese Corporation (NYSE:CE). Principal Fin Gp Inc has invested 0% of its portfolio in Celanese Corporation (NYSE:CE). Connable Office Inc reported 2,363 shares stake. Cantab Capital Ptnrs Llp owns 7,962 shares for 0.12% of their portfolio.

Cubist Systematic Strategies Llc decreased Hp Inc stake by 172,803 shares to 68,209 valued at $1.36 million in 2017Q3. It also reduced Galapagos Nv stake by 5,687 shares and now owns 3,513 shares. Energizer Hldgs Inc New was reduced too.

Among 13 analysts covering Molson Coors Brewing Company (NYSE:TAP), 6 have Buy rating, 1 Sell and 6 Hold. Therefore 46% are positive. Molson Coors Brewing Company had 40 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was maintained by UBS with “Neutral” on Wednesday, February 15. The firm earned “Buy” rating on Tuesday, August 29 by Susquehanna. On Tuesday, August 22 the stock rating was maintained by Cowen & Co with “Hold”. The firm has “Buy” rating given on Monday, September 21 by Societe Generale. The rating was initiated by UBS on Monday, December 12 with “Neutral”. As per Wednesday, September 21, the company rating was maintained by Susquehanna. The stock has “Buy” rating by Citigroup on Friday, November 3. Stifel Nicolaus maintained the shares of TAP in report on Tuesday, December 20 with “Buy” rating. Goldman Sachs maintained Molson Coors Brewing Company (NYSE:TAP) rating on Monday, October 10. Goldman Sachs has “Buy” rating and $130 target. The stock of Molson Coors Brewing Company (NYSE:TAP) has “Buy” rating given on Monday, October 23 by Stifel Nicolaus.