Clariant AG (OTCMKTS:CLZNY) Stock Now Rated “Moderate Buy” by Wall Street Analysts

Clariant AG (OTCMKTS:CLZNY) has been given a consensus rating of “Moderate Buy” by the nine research firms that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company.

Several equities research analysts recently issued reports on CLZNY shares. The Goldman Sachs Group upgraded shares of Clariant to a “strong-buy” rating in a research note on Thursday, August 20th. Jefferies Financial Group raised Clariant from a “moderate sell” rating to a “hold” rating in a research report on Thursday, August 6th. Barclays raised Clariant to an “overweight” rating in a research report on Monday, August 3rd. Zacks Research upgraded Clariant from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 21st. Finally, Berenberg Bank raised Clariant from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 11th.

Clariant Price Performance

OTCMKTS CLZNY opened at $12.50 on Wednesday. Clariant has a 12 month low of $8.45 and a 12 month high of $13.96. The stock has a 50 day moving average of $12.83 and a 200-day moving average of $10.81.

Clariant Company Profile

Clariant AG is a Swiss specialty chemicals company that develops and manufactures products used by industrial and consumer-goods companies. Its offerings include additives, ingredients, catalysts, adsorbents, and specialty chemicals designed to improve the performance, safety, sustainability, or efficiency of customers’ products and manufacturing processes.

The company serves a broad range of industries, including personal care, home care, agriculture, coatings, plastics, oil and gas, mining, automotive, construction, and pharmaceuticals.