Credit Suisse Group Reiterates “CHF 22.50” Price Target for Clariant (CLN)

Clariant (VTX:CLN) has been given a CHF 22.50 target price by equities researchers at Credit Suisse Group in a research report issued on Friday. The firm currently has a “sell” rating on the stock. Credit Suisse Group’s price target would suggest a potential downside of 5.98% from the company’s current price.

Clariant (VTX:CLN) opened at CHF 23.93 on Friday. The firm has a market cap of $7,940.00 and a price-to-earnings ratio of 28.49. Clariant has a 52 week low of CHF 18.27 and a 52 week high of CHF 29.48.

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About Clariant

Clariant AG is a Switzerland-based producer of specialty chemicals. It operates through four business areas: Care Chemicals, Catalysis, Natural Resources, and Plastics and Coatings. The Care Chemicals business area produces ingredients for laundry detergents, fabric softeners, disinfectants and dishwashing detergents, as well as plasticizers, de-icing fluids for aircrafts and runways, and special solvents.

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