Koppers Holdings Inc. (NYSE:KOP)‘s stock had its “outperform” rating reaffirmed by investment analysts at Barrington Research in a research note issued to investors on Thursday, MarketBeat reports. They currently have a $55.00 target price on the specialty chemicals company’s stock. Barrington Research’s price objective would indicate a potential upside of 39.24% from the stock’s previous close.

Several other brokerages also recently commented on KOP. TheStreet raised Koppers Holdings from a “c” rating to a “b-” rating in a research note on Thursday, August 3rd. Zacks Investment Research raised Koppers Holdings from a “hold” rating to a “buy” rating and set a $44.00 price objective for the company in a research note on Tuesday, August 8th. Jefferies Group LLC downgraded Koppers Holdings from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $48.00 to $40.00 in a research note on Wednesday, May 31st. ValuEngine raised Koppers Holdings from a “buy” rating to a “strong-buy” rating in a research note on Thursday, June 1st. Finally, FBR & Co reissued an “outperform” rating and issued a $44.00 price objective on shares of Koppers Holdings in a research note on Tuesday, July 11th. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. Koppers Holdings presently has an average rating of “Buy” and an average price target of $45.40.

Shares of Koppers Holdings (NYSE KOP) traded up 0.51% on Thursday, hitting $39.70. The stock had a trading volume of 6,232 shares. Koppers Holdings has a 52 week low of $28.54 and a 52 week high of $45.85. The company has a market capitalization of $823.58 million, a price-to-earnings ratio of 20.21 and a beta of 0.97. The company has a 50-day moving average of $38.29 and a 200 day moving average of $38.97.

Koppers Holdings (NYSE:KOP) last issued its quarterly earnings data on Thursday, August 3rd. The specialty chemicals company reported $1.18 EPS for the quarter, topping the consensus estimate of $0.92 by $0.26. The firm had revenue of $378.00 million during the quarter, compared to the consensus estimate of $369.00 million. Koppers Holdings had a return on equity of 153.51% and a net margin of 3.02%. The company’s quarterly revenue was down 1.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.93 earnings per share. On average, equities research analysts predict that Koppers Holdings will post $3.24 EPS for the current year.

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A number of large investors have recently made changes to their positions in the stock. Dynamic Technology Lab Private Ltd increased its holdings in Koppers Holdings by 51.7% during the 2nd quarter. Dynamic Technology Lab Private Ltd now owns 14,770 shares of the specialty chemicals company’s stock valued at $534,000 after purchasing an additional 5,031 shares during the period. Public Employees Retirement System of Ohio increased its holdings in Koppers Holdings by 12.5% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 11,344 shares of the specialty chemicals company’s stock valued at $410,000 after purchasing an additional 1,259 shares during the period. The Manufacturers Life Insurance Company increased its holdings in Koppers Holdings by 3.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 16,050 shares of the specialty chemicals company’s stock valued at $580,000 after purchasing an additional 474 shares during the period. BlueCrest Capital Management Ltd purchased a new position in Koppers Holdings during the 2nd quarter valued at about $255,000. Finally, State Street Corp increased its holdings in Koppers Holdings by 11.3% during the 2nd quarter. State Street Corp now owns 573,048 shares of the specialty chemicals company’s stock valued at $20,716,000 after purchasing an additional 58,405 shares during the period. Institutional investors own 87.90% of the company’s stock.

About Koppers Holdings

Koppers Holdings Inc is a global integrated provider of treated wood products, wood treatment chemicals and carbon compounds. The Company operates through three segments: Railroad and Utility Products and Services (RUPS), Carbon Materials and Chemicals (CMC) and Performance Chemicals (PC). The RUPS business sells treated and untreated wood products, rail joint bars and services primarily to the railroad markets.

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