Clariant (OTCMKTS:CLZNY) Upgraded to “Hold” at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Clariant (OTCMKTS:CLZNY) from a strong sell rating to a hold rating in a research note published on Monday morning,Zacks.com reports.

Separately, Zacks Research downgraded Clariant from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 27th. Three investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Reduce”.

Clariant Price Performance

Shares of Clariant stock opened at $9.86 on Monday. Clariant has a 52 week low of $8.45 and a 52 week high of $12.16. The business has a 50 day moving average price of $10.33 and a 200-day moving average price of $9.82.

About Clariant

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.