Clariant AG (CLZNY) – What Are Investment Firms Thinking About This Stock?

by · The Cerbat Gem

Clariant AG (OTCMKTS:CLZNY – Get Free Report) has received an average recommendation of “Moderate Buy” from the nine research firms that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, two have given a buy recommendation and two have issued a strong buy recommendation on the company.

CLZNY has been the topic of a number of recent research reports. Jefferies Financial Group upgraded shares of Clariant from a “moderate sell” rating to a “hold” rating in a report on Thursday, August 6th. Berenberg Bank upgraded Clariant from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 11th. Zacks Research upgraded Clariant from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 21st. Morgan Stanley reissued an “underweight” rating on shares of Clariant in a research report on Tuesday, October 6th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Clariant from a “hold” rating to a “buy” rating in a report on Monday, August 3rd.

Read Our Latest Stock Analysis on Clariant

Clariant Price Performance

Shares of CLZNY stock opened at $12.62 on Wednesday. Clariant has a 1 year low of $8.45 and a 1 year high of $13.96. The firm’s fifty day simple moving average is $12.77 and its 200 day simple moving average is $10.86.

Clariant Company Profile

(Get Free Report)

Clariant AG is a Switzerland-based specialty chemicals company that develops, manufactures and markets chemical products used in a broad range of industrial and consumer applications. Its offerings include specialty ingredients, surfactants, emulsifiers, preservatives, performance additives, catalysts and adsorbents.

The company serves customers in markets such as personal and home care, agriculture, pharmaceuticals, coatings, plastics, automotive, energy and industrial manufacturing. Clariant’s catalysts and adsorbents support chemical processing and purification, while its care chemicals and additives are used to improve the performance, stability or functionality of finished products.

Clariant was formed in 1995 through the spin-off of the specialty chemicals businesses of Sandoz.

Featured Articles