Clariant (OTCMKTS:CLZNY) Upgraded by Zacks Research to Hold Rating

Zacks Research upgraded shares of Clariant (OTCMKTS:CLZNYFree Report) from a strong sell rating to a hold rating in a research note published on Tuesday,Zacks.com reports.

Several other research firms also recently issued reports on CLZNY. The Goldman Sachs Group raised shares of Clariant from a “strong sell” rating to a “hold” rating in a research note on Monday, June 15th. Morgan Stanley cut shares of Clariant from an “overweight” rating to an “underweight” rating in a research note on Monday. Four investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Clariant currently has an average rating of “Reduce”.

Check Out Our Latest Research Report on CLZNY

Clariant Stock Performance

OTCMKTS:CLZNY opened at $9.70 on Tuesday. Clariant has a one year low of $8.45 and a one year high of $12.16. The firm’s 50 day simple moving average is $9.70 and its 200 day simple moving average is $9.94.

About Clariant

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Clariant AG is a Switzerland-based specialty chemicals company that traces its roots back to a spin-off from Sandoz in 1995. Headquartered in Muttenz near Basel, the firm develops, manufactures and markets a broad portfolio of chemical solutions for industries worldwide. While its primary listing is on the SIX Swiss Exchange, Clariant’s shares also trade OTC under the symbol CLZNY, reflecting its global investor reach.

The company operates through three core segments: Care Chemicals, Catalysis and Natural Resources.

Further Reading

Analyst Recommendations for Clariant (OTCMKTS:CLZNY)

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