Clariant AG (OTCMKTS:CLZNY – Get Free Report) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totaling 6 shares. Based on an average trading volume of 220 shares, the short-interest ratio is currently 0.0 days.
Analysts Set New Price Targets
Several research firms have recently weighed in on CLZNY. The Goldman Sachs Group raised shares of Clariant to a “strong-buy” rating in a research report on Thursday, August 20th. Berenberg Bank raised shares of Clariant from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 11th. Deutsche Bank Aktiengesellschaft upgraded Clariant from a “hold” rating to a “buy” rating in a research note on Monday, August 3rd. Morgan Stanley lowered Clariant from an “overweight” rating to an “underweight” rating in a report on Monday, July 20th. Finally, Barclays upgraded Clariant to an “overweight” rating in a research note on Monday, August 3rd. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Clariant presently has an average rating of “Moderate Buy”.
View Our Latest Report on Clariant
Clariant Stock Performance
About Clariant
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.
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