Clariant AG (OTCMKTS:CLZNY) Receives Consensus Rating of “Hold” from Analysts

Shares of Clariant AG (OTCMKTS:CLZNY) have been given an average recommendation of “Hold” by the six brokerages that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $21.40.

A number of brokerages have recently commented on CLZNY. Barclays reissued an “equal weight” rating on shares of Clariant in a research report on Thursday, November 4th. UBS Group reiterated a “neutral” rating on shares of Clariant in a report on Wednesday, October 13th. Finally, Jefferies Financial Group assumed coverage on Clariant in a research note on Thursday, October 14th. They issued a “hold” rating on the stock.

Shares of CLZNY opened at $21.07 on Thursday. The company’s fifty day simple moving average is $20.12 and its 200 day simple moving average is $20.88. Clariant has a 1-year low of $18.67 and a 1-year high of $25.50.

Clariant Company Profile

Clariant AG engages in the development, manufacture, distribution, and sale of specialty chemicals. It operates through the following segments: Care Chemicals; Catalysis; Natural Resources; Plastics and Coatings; and Corporate. The Care Chemicals segment comprises the industrial and consumer specialties business unit (BU), food additives as well as the industrial biotechnology business.

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Analyst Recommendations for Clariant (OTCMKTS:CLZNY)

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