Analyst Rating Update on Platform Specialty Products Corporation (PAH)

Platform Specialty Products Corporation (NYSE:PAH) : 4 analysts are covering Platform Specialty Products Corporation (NYSE:PAH) and their average rating on the stock is 2.5, which is read as a Buy. 1 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 3 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Platform Specialty Products Corporation (NYSE:PAH) : Average target price received by Platform Specialty Products Corporation (NYSE:PAH) is $11 with an expected standard deviation of $1.73. The most aggressive target on the stock is $12, whereas the most downbeat target is $9. 3 financial analysts are currently covering the stock.

Company shares have received an average consensus rating of Hold for the current week Also, Brokerage firm Credit Suisse assumes its rating on Platform Specialty Products Corporation (NYSE:PAH). In a research note issued to the investors, the brokerage major announces price-target of $10 per share.The shares have been rated Neutral. The rating by the firm was issued on May 2, 2016.

Platform Specialty Products Corporation (NYSE:PAH): stock turned positive on Tuesday. Though the stock opened at $8.32, the bulls momentum made the stock top out at $8.6 level for the day. The stock recorded a low of $8.18 and closed the trading day at $8.48, in the green by 6.13%. The total traded volume for the day was 1,927,905. The stock had closed at $7.99 in the previous days trading.

In an insider trading activity, Jacoboski David A, officer (Corporate Treasurer) of Platform Specialty Products Corp, had purchased 1,000 shares on March 17, 2016. The total value of the transaction was $8,480. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.

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