Platform Specialty Products (NYSE:PAH) Rating Reaffirmed
The financial firm has just set a target price of $14.0 on Platform Specialty Products (NYSE:PAH) shares. This is 7.36% from the price per share. In a recent report sent to investors on 3 December, Credit Suisse reaffirmed their “Neutral” rating on shares of PAH.
From a total of 6 analysts covering Platform Specialty Products Corporation (NYSE:PAH) stock, 3 rate it a ”Buy”, 0 a “Sell”, and 3 a ”Hold”. This means that 50% of the ratings are positive. The highest target price is $31 while the lowest target price is $12. The mean of all analyst targets is $19 with a 40.80% above today’s ($12.55) stock price. Platform Specialty Products Corporation was the topic of 5 analyst reports since August 17, 2015 according to the firm StockzIntelligence Inc.
Approximately 439,951 shares of stock traded hands. Platform Specialty Products Corp (NYSE:PAH) has declined 51.60% since April 30, 2015 and is downtrending. It has underperformed by 51.31% the S&P500.
According to Zacks Investment Research, “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.” Get a free copy of the Zacks research report on Platform Specialty Products Corp (PAH).