Analyst Price Target Update on Platform Specialty Products Corporation (NYSE:PAH)

Platform Specialty Products Corporation (NYSE:PAH) stock has received a short term price target of $ 11 from 3 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $1.73. The higher estimate of target price is $12 , while the lower price target estimate is $9

Many analysts have stated their opinion on the company shares. In a research note released to the investors, Credit Suisse assumes its rating on Platform Specialty Products Corporation (NYSE:PAH).The analysts at the brokerage house have a current rating of Neutral on the shares. In a recent information released to the investors, Credit Suisse announces the price target of $10 per share. The rating by the firm was issued on May 2, 2016. Company shares have received an average consensus rating of Hold for the current week

On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Corporate Treasurer) of Platform Specialty Products Corp, Jacoboski David A, had purchased 1,000 shares in a transaction dated on March 17, 2016. The transaction was executed at $8.48 per share with total amount equaling $8,480.

Platform Specialty Products Corporation (NYSE:PAH) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.39 points or 4% at $9.36 with 1,837,157 shares getting traded. Post opening the session at $9.7, the shares hit an intraday low of $9.36 and an intraday high of $9.99 and the price was in this range throughout the day. The company has a market cap of $2,149 million and the number of outstanding shares have been calculated to be 229,557,870 shares. The 52-week high of Platform Specialty Products Corporation (NYSE:PAH) is $28.16 and the 52-week low is $5.25.

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