Platform Specialty Products Corporation (PAH) : Analyst Rating Update

Platform Specialty Products Corporation (PAH) : The consensus on Platform Specialty Products Corporation (PAH) based on 4 analyst recommendation on the company stock is 2.5, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Platform Specialty Products Corporation (PAH) : The highest level Platform Specialty Products Corporation (PAH) is projected to reach is $12 for the short term and the lowest estimate is at $9. The consolidated price target from 3 rating analysts who initiate coverage on the stock is $11 and the possibility the share price can swing is $1.73.

Platform Specialty Products Corporation (NYSE:PAH): The stock opened at $8.07 on Wednesday but the bulls could not build on the opening and the stock topped out at $8.13 for the day. The stock traded down to $7.77 during the day, due to lack of any buying support eventually closed down at $8.06 with a loss of -1.23% for the day. The stock had closed at $8.16 on the previous day. The total traded volume was 2,133,608 shares.

Also, Equity analysts at the Brokerage firm Credit Suisse assumes its rating on Platform Specialty Products Corporation (NYSE:PAH). The rating major has initiated the coverage with neutral rating on the shares. The Analysts at Credit Suisse announces a current price target of $10 per share. The rating by the firm was issued on May 2, 2016. The company shares have dropped -66.45% from its 1 Year high price. On Jul 16, 2015, the shares registered one year high at $26.35 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $9.24 and the 200 Day Moving Average price is recorded at $8.87.

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