Clariant (OTCMKTS:CLZNY) Stock Rating Lowered by Berenberg Bank

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

Clariant Price Performance

Shares of CLZNY opened at $11.57 on Monday. Clariant has a fifty-two week low of $10.71 and a fifty-two week high of $17.47. The business has a 50-day moving average of $11.81 and a 200 day moving average of $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.