Clariant (OTCMKTS:CLZNY) Rating Lowered to “Hold” at Berenberg Bank

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

Clariant Stock Performance

CLZNY stock opened at $11.57 on Monday. The company has a 50-day moving average of $11.81 and a two-hundred day moving average of $13.27. Clariant has a 52-week low of $10.71 and a 52-week high of $17.47.

About Clariant

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.