emfizz.com May 23, 2017

Platform Specialty Products Corp (PAH) Price Target Raised to $16.00

19 May 2017, 11:07 | Jan Cross

Several other research firms also recently commented on PAH.

02/06/2017 - Goldman Sachs began new coverage on Platform Specialty Products Corporation giving the company a " rating. The stock now has an average rating of Buy and an average price target of $12.70.

10/05/2016 - Platform Specialty Products Corporation had its "equal weight" rating reiterated by analysts at Barclays. One of the quickest ways to determine the projected value of a stock is the price to earnings growth, or PEG ratio. Price Target plays a critical role when it comes to the analysis of a Stock. Credit Suisse Group AG boosted their price objective on Platform Specialty Products Corp from $10.00 to $12.00 and gave the stock a neutral rating in a report on Friday, March 3rd. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Zacks Investment Research cut Platform Specialty Products Corp from a buy rating to a hold rating in a report on Friday, March 3rd. Analysts have placed a $15 price target on Platform Specialty Products Corporation, suggesting a 15.92% gain from recent close.

The counter witnessed a trading volume of 0.21 million shares versus an average volume of 0.57 million shares during last trading session. While the company's share hit the 52 week high on 04/27/17 stationing the value of $14.37. The company has a 50 day moving average price of $13.41 and a 200 day moving average price of $11.56. The firm's market cap is $3.84 billion.

Labour Pledges to Keep EU Single Market Benefits After Brexit
He was speaking after it was announced that British people who have lived overseas for over 15 years will not be allowed a vote. We do not accept that there has to be a reckless Conservative Brexit".

Ivanka Trump and Jared Kushner allowed to fly with president on Shabbat
In her new book, " Women Who Work ", Ivanka Trump writes about how her family observes the weekly Jewish holiday. Orthodox Judaism prohibits traveling in vehicles after sundown on Friday night until Saturday night.

What Inland members of Congress are saying about Robert Mueller's appointment
Two of the countries Trump is set to visit on his first trip overseas are ones where he holds assets - Saudi Arabia and Israel . Constitutional law Professor David Schultz says the Mueller investigation, like other special prosecutor investigations in U.S.

Yet another important factor while evaluating a good buy/sell decision for Platform Specialty Products Corporation (PAH) is its Earnings per Share or EPS. The specialty chemicals company reported $0.16 EPS for the quarter, topping analysts' consensus estimates of $0.12 by $0.04. The firm had revenue of $861.80 million during the quarter, compared to the consensus estimate of $835.22 million.

Platform Specialty Products Corporation has a consensus outperform rating from 12 Wall Street analysts, and the number of shares now sold short amount to at least 10.4% of shares outstanding. Platform Specialty Products Corp's revenue was up 4.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.11 EPS. Now the P/E of Platform Specialty Products Corporation (PAH) stands at 48.83. Nomura restated a "buy" rating and issued a $16.00 target price on shares of Platform Specialty Products Corp in a report on Tuesday, May 9th. If you are reading this report on another site, it was illegally copied and reposted in violation of United States & global copyright laws. The correct version of this news story can be accessed at https://sportsperspectives.com/2017/05/19/platform-specialty-products-corp-pah-rating-reiterated-by-instinet-updated.html.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Finally, BlackRock Group LTD boosted its stake in Platform Specialty Products Corp by 0.6% in the third quarter. FMR LLC now owns 19,571,817 shares of the specialty chemicals company's stock valued at $254,825,000 after buying an additional 9,441,984 shares in the last quarter. Tudor Investment Corp ET AL raised its position in Platform Specialty Products Corp by 101.6% in the first quarter. Swiss National Bank now owns 304,189 shares of the specialty chemicals company's stock worth $2,467,000 after buying an additional 57,000 shares during the period. Finally, Swiss National Bank raised its position in shares of Platform Specialty Products Corp by 23.1% in the third quarter. The brokerage now has a $16.00 price objective on the specialty chemicals company's stock.

01/30/2017 - Morgan Stanley began new coverage on Platform Specialty Products Corporation giving the company a " rating.

Other News

Trending Now

Could this Fox News host be Sean Spicer's replacement?
Officials said Spicer is expected to stay in the White House "but have less exposure", in the words of one official. Politico reported Thursday that President Donald Trump is considering "scaling back" Spicer's public-facing role.

US Senate panel still negotiating with Flynn over documents -congressional aides
They can. also seek a civil judgement from a federal court declaring that Flynn is legally required to comply with the subpoena. The committee last week issued a subpoena for documents regarding his interactions with Russian Federation officials.

CytRx (CYTR) Earning Positive Press Coverage, Report Finds
Maximum and minimum EPS estimate for the current quarter is projected at $-0.5 and $-0.5, respectively, according to 1 analysts. Currently Cytrx Cp (NASDAQ:CYTR)'s shares owned by insiders are 1.7%, whereas shares owned by institutional owners are 17.5%.

Maria Sharapova responds to French Open denial: Nothing can stop my dreams
But nevertheless Roland Garros invests a lot - along with the other Grand Slams, the ATP , and the WTA - into the fight against doping.

Donald Trump says he could name Federal Bureau of Investigation head by next week
A late and somewhat unlikely addition to Trump's short list, Lieberman is nonetheless the sudden frontrunner. Mr Lieberman lost his 2006 Democratic primary bid but won Senate re-election as a third-party candidate.

US Senate panel still negotiating with Flynn over documents: congressional aides
The committee last week issued a subpoena for documents regarding his interactions with Russian Federation officials. Burr's office put out an official statement from the senator an hour later, confirming what he told reporters.

Swedish prosecutor drops rape case against WikiLeaks founder Assange
WikiLeaks says the ball is now in Britain's court after Sweden's decision to drop its rape investigation of Julian Assange. WikiLeaks' release of classified material has continued unabated during Assange's five years in the Ecuadorean embassy.

Q2 2017 EPS Estimates for Southwestern Energy Company (SWN) Increased by Analyst
The stock of Southwestern Energy Company (NYSE:SWN) earned "Sector Perform" rating by RBC Capital Markets on Wednesday, June 15. The energy company reported $0.18 earnings per share (EPS ) for the quarter, meeting the Zacks' consensus estimate of $0.18.

18-year-old driver shot by officers after pursuit in Manassas
The man was armed with a weapon, and two police cruisers were damaged in the incident, officials said. Prince William County Police were not involved in the initial pursuit or the shooting, officials say.

President Trump to embark on first foreign trip as president
United States officials had warned that acting now could end the President's hopes of reigniting the Middle East peace process. In Trump, however, many Saudis see a decisive, business-focused leader, who they say shares their goals in the region.