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

Shares of Clariant AG (OTCMKTS:CLZNY) have been given an average recommendation of “Moderate Buy” by the nine brokerages that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, two have given a buy rating and two have issued a strong buy rating on the company.

CLZNY has been the topic of several recent research reports. Zacks Research raised shares of Clariant from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 21st. The Goldman Sachs Group raised shares of Clariant to a “strong-buy” rating in a research note on Thursday, August 20th. Berenberg Bank upgraded Clariant from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 11th. Jefferies Financial Group raised Clariant from a “moderate sell” rating to a “hold” rating in a research note on Thursday, August 6th. Finally, Morgan Stanley cut Clariant from an “overweight” rating to an “underweight” rating in a report on Monday, July 20th.

Clariant Price Performance

Shares of OTCMKTS CLZNY opened at $13.54 on Friday. The company’s 50-day moving average price is $12.56 and its 200 day moving average price is $10.92. Clariant has a 52 week low of $8.45 and a 52 week high of $13.96.

About Clariant

Clariant AG is a Switzerland-based specialty chemicals company that develops and manufactures products used by industrial and consumer-goods companies. Its portfolio includes specialty ingredients, functional additives, catalysts, adsorbents, and other chemical solutions designed to improve the performance, efficiency, safety, or sustainability of customers’ products and manufacturing processes.

The company operates through businesses focused on Care Chemicals, Catalysts, and Adsorbents & Additives.