Clariant AG (OTCMKTS:CLZNY) Given Average Rating of “Hold” by Brokerages

Shares of Clariant AG (OTCMKTS:CLZNY) have earned an average recommendation of “Hold” from the six research firms that are covering the firm, MarketBeat.com reports. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company.

CLZNY has been the subject of several recent analyst reports. The Goldman Sachs Group downgraded Clariant from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 6th. Zacks Research raised Clariant from a “strong sell” rating to a “hold” rating in a report on Thursday, August 14th. Finally, Jefferies Financial Group downgraded shares of Clariant to a “hold” rating in a report on Monday, June 16th.

Clariant Stock Down 3.8%

OTCMKTS:CLZNY opened at $8.63 on Wednesday. Clariant has a twelve month low of $8.63 and a twelve month high of $15.08. The business has a 50 day moving average price of $10.02 and a two-hundred day moving average price of $10.69.

Clariant Company Profile

Clariant AG engages in the development, manufacture, distribution, and sale of specialty chemicals worldwide. The Care Chemicals segment offers specialty chemicals and application solutions for various applications in automotive fluids, aviation, construction chemicals, crop solutions, health care, home care, industrial lubricants, paints and coatings, personal care, and special solvents.