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

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.

Other Equity analysts have also commented on the company shares. In the latest statement by the brokerage house, Credit Suisse assumes its outlook on Platform Specialty Products Corporation (NYSE:PAH). The current rating of the shares is Neutral, according to the research report released by the firm. The brokerage firm announces the price target at $10 per share. The rating by the firm was issued on May 2, 2016.

Platform Specialty Products Corporation (NYSE:PAH): stock turned positive on Thursday. Though the stock opened at $8.92, the bulls momentum made the stock top out at $9.59 level for the day. The stock recorded a low of $8.86 and closed the trading day at $9.58, in the green by 9.99%. The total traded volume for the day was 1,923,567. The stock had closed at $8.71 in the previous days trading.

The company shares have dropped -68.11% from its 1 Year high price. On Jun 25, 2015, the shares registered one year high at $27.56 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $9.37 and the 200 Day Moving Average price is recorded at $9.06. 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.

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