Credit Suisse Group Analysts Give Clariant (VTX:CLN) a CHF 22.50 Price Target

Clariant (VTX:CLN) has been given a CHF 22.50 price target by investment analysts at Credit Suisse Group in a research note issued to investors on Friday, February 16th. The brokerage currently has a “sell” rating on the stock. Credit Suisse Group’s target price indicates a potential downside of 3.60% from the stock’s current price.

Shares of Clariant (VTX CLN) traded down CHF 0.18 during trading on Friday, reaching CHF 23.36. The company’s stock had a trading volume of 1,810,000 shares, compared to its average volume of 1,770,000. The company has a market capitalization of $7,750.00 and a PE ratio of 33.37. Clariant has a 52-week low of CHF 18.27 and a 52-week high of CHF 29.48.

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About Clariant

Clariant AG is a Switzerland-based producer of specialty chemicals. It operates through four business areas: Care Chemicals, Catalysis, Natural Resources, and Plastics and Coatings. The Care Chemicals business area produces ingredients for laundry detergents, fabric softeners, disinfectants and dishwashing detergents, as well as plasticizers, de-icing fluids for aircrafts and runways, and special solvents.

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