Berenberg Bank Downgrades Clariant (OTCMKTS:CLZNY) to Hold

Clariant (OTCMKTS:CLZNY) was downgraded by research analysts at Berenberg Bank from a “strong-buy” rating to a “hold” rating in a report released on Monday,Zacks.com reports.

Clariant Price Performance

CLZNY stock opened at $11.57 on Monday. Clariant has a twelve month low of $10.71 and a twelve month high of $17.47. The business’s 50-day simple moving average is $11.81 and its 200 day simple moving average is $13.27.

Clariant Company Profile

Clariant AG engages in the development, manufacture, distribution, and sale of specialty chemicals worldwide. The Care Chemicals segment offers specialty chemicals and application solutions for various applications in automotive fluids, aviation, construction chemicals, crop solutions, health care, home care, industrial lubricants, paints and coatings, personal care, and special solvents.