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

Clariant AG (OTCMKTS:CLZNY) has earned an average recommendation of “Hold” from the six brokerages that are covering the company, MarketBeat Ratings reports. Five analysts have rated the stock with a hold rating and one has issued a buy rating on the company.

CLZNY has been the subject of a number of research reports. The Goldman Sachs Group downgraded shares of Clariant from a “strong-buy” rating to a “hold” rating in a research 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.

Clariant Trading Down 2.4%

OTCMKTS:CLZNY opened at $8.59 on Friday. Clariant has a 12 month low of $8.59 and a 12 month high of $14.91. The firm has a fifty day simple moving average of $9.55 and a 200-day simple moving average of $10.48.

About Clariant

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.