Analysis: Platform Specialty Products Corporation (NYSE:PAH) Stock Target Has Been Increased Today
In a note issued by UBS Securities on 3 December, the firm, Platform Specialty Products Corporation (NYSE:PAH), had their target price per share cut to $16.00. Analusts presently have a solid Buy rating on the stock.
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 39.79% above today’s ($12.64) stock price. Platform Specialty Products Corporation was the topic of 5 analyst reports since August 17, 2015 according to the firm StockzIntelligence Inc.
Approximately 738,352 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).