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

Shares of Clariant AG (OTCMKTS:CLZNY) have been given a consensus recommendation of “Moderate Buy” by the nine analysts that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation, two have given a buy recommendation and two have issued a strong buy recommendation on the company.

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

Clariant Stock Performance

OTCMKTS CLZNY opened at $13.54 on Friday. Clariant has a 1-year low of $8.45 and a 1-year high of $13.96. The business has a 50 day simple moving average of $12.83 and a two-hundred day simple moving average of $11.02.

Clariant Company Profile

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.