Clariant (OTCMKTS:CLZNY) Upgraded at Jefferies Financial Group

Jefferies Financial Group upgraded shares of Clariant (OTCMKTS:CLZNY) from a hold rating to a strong-buy rating in a report issued on Tuesday morning,Zacks reports.

CLZNY has been the topic of several other research reports. Morgan Stanley reaffirmed an “underweight” rating on shares of Clariant in a research note on Tuesday, October 6th. The Goldman Sachs Group raised Clariant to a “strong-buy” rating in a research report on Thursday, August 20th. Deutsche Bank upgraded shares of Clariant from a “hold” rating to a “buy” rating in a report on Monday, August 3rd. Zacks Research raised shares of Clariant from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 21st. Finally, Berenberg Bank raised shares of Clariant from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 11th. Three research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Clariant Trading Down 0.2%

CLZNY opened at $13.18 on Tuesday. Clariant has a one year low of $8.45 and a one year high of $13.96. The business’s 50 day moving average price is $12.75 and its 200 day moving average price is $11.03.

About Clariant

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.