Platform Specialty Products (PAH) Forms $11.18 Double Bottom; Avalon Advisors Has Raised Abb LTD (ABB) Holding By $453,504

Avalon Advisors Llc increased Abb Ltd (ABB) stake by 19.2% reported in 2017Q3 SEC filing. Avalon Advisors Llc acquired 18,896 shares as Abb Ltd (ABB)’s stock rose 9.90%. The Avalon Advisors Llc holds 117,309 shares with $2.90 million value, up from 98,413 last quarter. Abb Ltd now has $59.97B valuation. The stock decreased 0.73% or $0.205 during the last trading session, reaching $27.865. About 272,220 shares traded. ABB Ltd (NYSE:ABB) has risen 23.97% since January 17, 2017 and is uptrending. It has outperformed by 7.27% the S&P500.

Platform Specialty Products Corporation (PAH) formed double bottom with $10.84 target or 3.00% below today’s $11.18 share price. Platform Specialty Products Corporation (PAH) has $3.21B valuation. The stock decreased 2.10% or $0.24 during the last trading session, reaching $11.18. About 319,166 shares traded. Platform Specialty Products Corporation (NYSE:PAH) has risen 48.23% since January 17, 2017 and is uptrending. It has outperformed by 31.53% the S&P500.

Among 15 analysts covering ABB Ltd (NYSE:ABB), 8 have Buy rating, 2 Sell and 5 Hold. Therefore 53% are positive. ABB Ltd had 35 analyst reports since August 21, 2015 according to SRatingsIntel. The stock of ABB Ltd (NYSE:ABB) has “Neutral” rating given on Tuesday, May 23 by BNP Paribas. RBC Capital Markets downgraded the stock to “Sector Perform” rating in Wednesday, April 6 report. The firm has “Outperform” rating by Robert W. Baird given on Monday, December 12. The firm has “Buy” rating given on Friday, April 28 by Morgan Stanley. On Friday, March 24 the stock rating was maintained by Morgan Stanley with “Buy”. The stock of ABB Ltd (NYSE:ABB) earned “Buy” rating by Morgan Stanley on Wednesday, April 19. The stock of ABB Ltd (NYSE:ABB) earned “Overweight” rating by Morgan Stanley on Monday, December 12. The stock of ABB Ltd (NYSE:ABB) earned “Buy” rating by Goldman Sachs on Tuesday, October 31. The company was downgraded on Friday, August 19 by HSBC. On Friday, October 9 the stock rating was upgraded by Jefferies to “Hold”.

Avalon Advisors Llc decreased Hill Rom Holdings Inc (NYSE:HRC) stake by 15,063 shares to 23,038 valued at $1.71 million in 2017Q3. It also reduced Symantec Corp (NASDAQ:SYMC) stake by 10,107 shares and now owns 247,096 shares. Mcdonalds Corp (NYSE:MCD) was reduced too.

Analysts await Platform Specialty Products Corporation (NYSE:PAH) to report earnings on February, 27. They expect $0.24 EPS, up 20.00% or $0.04 from last year’s $0.2 per share. PAH’s profit will be $68.91 million for 11.65 P/E if the $0.24 EPS becomes a reality. After $0.17 actual EPS reported by Platform Specialty Products Corporation for the previous quarter, Wall Street now forecasts 41.18% EPS growth.

Investors sentiment decreased to 1.15 in Q3 2017. Its down 0.52, from 1.67 in 2017Q2. It turned negative, as 27 investors sold Platform Specialty Products Corporation shares while 51 reduced holdings. 31 funds opened positions while 59 raised stakes. 243.56 million shares or 1.34% more from 240.34 million shares in 2017Q2 were reported. Moreover, Benchmark Cap Advisors has 0.11% invested in Platform Specialty Products Corporation (NYSE:PAH) for 12,500 shares. Royal Natl Bank Of Canada holds 0% or 236,407 shares in its portfolio. Millennium Management Limited Liability owns 0.02% invested in Platform Specialty Products Corporation (NYSE:PAH) for 1.23M shares. D E Shaw has invested 0% of its portfolio in Platform Specialty Products Corporation (NYSE:PAH). Frontier Cap Management Lc has 549,114 shares for 0.04% of their portfolio. Moreover, Ardsley Advisory Prtn has 0.73% invested in Platform Specialty Products Corporation (NYSE:PAH). Deutsche Comml Bank Ag has invested 0.03% of its portfolio in Platform Specialty Products Corporation (NYSE:PAH). Brigade Mgmt Lp stated it has 1.76M shares. Highbridge Capital Mngmt Ltd Llc reported 481,920 shares. Two Sigma Llc has invested 0.01% of its portfolio in Platform Specialty Products Corporation (NYSE:PAH). Wells Fargo Mn, a California-based fund reported 248,077 shares. Great West Life Assurance Can owns 23,429 shares. Hbk Invests Ltd Partnership reported 0.02% in Platform Specialty Products Corporation (NYSE:PAH). Petrus Trust Co Lta owns 10,052 shares. Nomura Holdings Incorporated reported 0.07% of its portfolio in Platform Specialty Products Corporation (NYSE:PAH).

Among 10 analysts covering Platform Specialty Products Corporation (NYSE:PAH), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Platform Specialty Products Corporation has $27 highest and $10 lowest target. $14.71’s average target is 31.57% above currents $11.18 stock price. Platform Specialty Products Corporation had 25 analyst reports since August 17, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, November 2 by Roth Capital. Goldman Sachs initiated the shares of PAH in report on Monday, February 6 with “Buy” rating. Barclays Capital maintained Platform Specialty Products Corporation (NYSE:PAH) rating on Wednesday, October 5. Barclays Capital has “Equal Weight” rating and $10 target. The company was maintained on Tuesday, August 16 by Barclays Capital. The stock has “Buy” rating by SunTrust on Monday, September 18. UBS maintained Platform Specialty Products Corporation (NYSE:PAH) on Thursday, September 29 with “Buy” rating. The stock of Platform Specialty Products Corporation (NYSE:PAH) earned “Buy” rating by Nomura on Tuesday, June 13. As per Monday, January 30, the company rating was initiated by Morgan Stanley. As per Wednesday, October 11, the company rating was maintained by Barclays Capital. Credit Suisse maintained Platform Specialty Products Corporation (NYSE:PAH) rating on Wednesday, November 15. Credit Suisse has “Neutral” rating and $12 target.