Zacks Research Upgrades Clariant (OTCMKTS:CLZNY) to Hold

Clariant (OTCMKTS:CLZNYGet Free Report) was upgraded by research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Tuesday,Zacks.com reports.

CLZNY has been the topic of a number of other reports. Morgan Stanley lowered Clariant from an “overweight” rating to an “underweight” rating in a report on Monday. The Goldman Sachs Group raised Clariant from a “strong sell” rating to a “hold” rating in a report on Monday, June 15th. Four equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Clariant has a consensus rating of “Reduce”.

Check Out Our Latest Report on CLZNY

Clariant Price Performance

CLZNY opened at $9.70 on Tuesday. Clariant has a 12-month low of $8.45 and a 12-month high of $12.16. The business has a 50 day moving average of $9.70 and a 200-day moving average of $9.94.

Clariant Company Profile

(Get Free Report)

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)

Receive News & Ratings for Clariant Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clariant and related companies with MarketBeat.com's FREE daily email newsletter.