Clariant AG (OTCMKTS:CLZNY) Receives Average Recommendation of “Hold” from Brokerages

Clariant AG (OTCMKTS:CLZNY) has received a consensus rating of “Hold” from the six research firms that are presently covering the firm, MarketBeat.com 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 analyst reports. Zacks Research upgraded Clariant from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 14th. The Goldman Sachs Group cut Clariant from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 6th. Finally, Jefferies Financial Group cut shares of Clariant to a “hold” rating in a research note on Monday, June 16th.

Clariant Price Performance

OTCMKTS:CLZNY opened at $9.50 on Wednesday. The firm has a 50 day moving average of $10.10 and a 200 day moving average of $10.76. Clariant has a 52 week low of $8.86 and a 52 week high of $15.23.

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.