Clariant AG (OTCMKTS:CLZNY) Given Average Recommendation of “Reduce” by Brokerages

Clariant AG (OTCMKTS:CLZNYGet Free Report) has been given an average recommendation of “Reduce” by the five analysts that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company.

A number of brokerages have recently commented on CLZNY. Morgan Stanley cut Clariant from an “overweight” rating to an “underweight” rating in a research note on Monday. The Goldman Sachs Group upgraded shares of Clariant from a “strong sell” rating to a “hold” rating in a report on Monday, June 15th. Finally, Zacks Research raised shares of Clariant from a “strong sell” rating to a “hold” rating in a research note on Tuesday.

View Our Latest Stock Analysis on Clariant

Clariant Stock Performance

Shares of CLZNY opened at $9.70 on Monday. Clariant has a 1 year low of $8.45 and a 1 year high of $12.16. The stock’s 50-day moving average price is $9.70 and its two-hundred day moving average price is $9.94.

About Clariant

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Clariant (OTCMKTS:CLZNY)

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