Impact of Brokerage Rating on Platform Specialty Products Corporation(PAH)

Many Platform Specialty Products Corporation(PAH) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Platform Specialty Products Corp was Initiated by Goldman to Buy on Feb 6, 2017. Platform Specialty Products Corp was Initiated by Morgan Stanley to Equal-Weight on Jan 30, 2017.

Company has reported several Insider transactions to the SEC, on Nov 9, 2016, Diego Lopez Casanello (President – Ag Solutions) purchased 4,000 shares at 8.24 per share price.On Mar 21, 2016, David A Jacoboski (Corporate Treasurer) purchased 1,000 shares at 8.48 per share price.On Dec 10, 2015, Ian G H Ashken (director) purchased 50,000 shares at 11.36 per share price.

Platform Specialty Products Corp Last issued its quarterly earnings results on Nov 4, 2016. The company reported $0.14 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.11. The company had revenue of $891.00 million for the quarter, compared to analysts expectations of $848.76 million. The companys revenue was up 49.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.06 EPS.

Platform Specialty Products Corporation (NYSE:PAH) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.86 by 7 Brokerage Firm. 4 Wall Street Firms have rated the stock as a strong buys. 3 Brokerage Firms have advised hold.

Platform Specialty Products Corporation (NYSE:PAH): 7 analysts have set the short term price target of Platform Specialty Products Corporation (NYSE:PAH) at $11.14. The standard deviation of short term price target has been estimated at $0.9, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 12 and $10 respectively.

Platform Specialty Products Corporation (NYSE:PAH) rose 0.78% or 0.1 points on Tuesday and made its way into the gainers of the day. After trading began at $12.82 the stock was seen hitting $12.96 as a peak level and $12.71 as the lowest level. The stock ended up at $12.94. The daily volume was measured at 1,310,467 shares. The 52-week high of the share price is $12.96 and the 52-week low is $5.85. The company has a market cap of $3,603 million.

Platform Specialty Products Corporation is a producer of high technology specialty chemical products as well as technical services. The company serves electronics, metal and plastic plating, graphic arts, and offshore oil production and drilling industries. Platform Specialty Products Corporation is headquartered in Miami, United States.

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