Platform Specialty Products Corporation (PAH) Receives ‘Analyst’ Rating

Platform Specialty Products Corporation (PAH) : 5 analysts are covering Platform Specialty Products Corporation (PAH) and their average rating on the stock is 2.2, which is read as a Buy. 2 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 (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 4 rating analysts who initiate coverage on the stock is $11 and the possibility the share price can swing is $1.41.

Platform

Also, Roth Capital initiates coverage on Platform Specialty Products Corporation (NYSE:PAH). Roth Capital has a Buy rating on the shares. The rating by the firm was issued on August 22, 2016.

Platform Specialty Products Corporation (NYSE:PAH): The stock opened in the green at $8.45 on Thursday, but the bulls found it difficult to push the prices higher. The stock reached a high of $8.49 and a low of $7.88 for the day. The stock did not find buyers even at the lows and closed at $8.35 recording a loss of -6.81%. 6,020,122 shares exchanged hands during the trading day. The stock had closed at $8.96 in the previous days trading.

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