Clariant (OTCMKTS:CLZNY) Downgraded to “Hold” Rating by Berenberg Bank

Berenberg Bank cut shares of Clariant (OTCMKTS:CLZNY) 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 12 month low of $10.71 and a 12 month high of $17.47. The firm has a 50 day simple moving average of $11.81 and a 200 day simple 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.