Clariant AG (OTCMKTS:CLZNY) Given Consensus Rating of “Hold” by Analysts

Shares of Clariant AG (OTCMKTS:CLZNY) have earned a consensus rating of “Hold” from the six analysts that are presently covering the stock, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold rating.

A number of research firms recently weighed in on CLZNY. Citigroup downgraded Clariant from a “buy” rating to a “hold” rating in a research note on Thursday, December 11th. Jefferies Financial Group downgraded Clariant from a “hold” rating to a “moderate sell” rating in a report on Tuesday, November 11th. Finally, UBS Group cut Clariant from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 16th.

Clariant Stock Performance

Shares of OTCMKTS CLZNY opened at $9.20 on Friday. The firm’s 50-day moving average price is $8.96 and its 200-day moving average price is $9.66. Clariant has a 1-year low of $8.45 and a 1-year high of $13.36.

Clariant Company Profile

Clariant AG is a Switzerland-based specialty chemicals company that traces its roots back to a spin-off from Sandoz in 1995. Headquartered in Muttenz near Basel, the firm develops, manufactures and markets a broad portfolio of chemical solutions for industries worldwide. While its primary listing is on the SIX Swiss Exchange, Clariant’s shares also trade OTC under the symbol CLZNY, reflecting its global investor reach.

The company operates through three core segments: Care Chemicals, Catalysis and Natural Resources.