Shares of Koppers Holdings Inc. (NYSE:KOP) have been assigned an average rating of “Buy” from the seven brokerages that are covering the firm, MarketBeat Ratings reports. One equities research 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. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $45.40.

Several research firms recently issued reports on KOP. Zacks Investment Research lowered Koppers Holdings from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 18th. Jefferies Group LLC restated a “hold” rating and set a $40.00 price target on shares of Koppers Holdings in a research report on Thursday, October 12th. Wunderlich upgraded Koppers Holdings from a “hold” rating to a “buy” rating and set a $44.00 price target on the stock in a research report on Wednesday, June 28th. TheStreet upgraded Koppers Holdings from a “c” rating to a “b-” rating in a research report on Thursday, August 3rd. Finally, Barrington Research restated an “outperform” rating and set a $55.00 price target on shares of Koppers Holdings in a research report on Thursday, September 14th.

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Koppers Holdings (KOP) opened at 49.30 on Thursday. The company has a 50 day moving average price of $45.04 and a 200-day moving average price of $39.80. Koppers Holdings has a 1-year low of $31.30 and a 1-year high of $50.00. The firm has a market capitalization of $1.02 billion, a price-to-earnings ratio of 25.10 and a beta of 0.98.

Koppers Holdings (NYSE:KOP) last announced its quarterly earnings data on Thursday, August 3rd. The specialty chemicals company reported $1.18 EPS for the quarter, beating the consensus estimate of $0.92 by $0.26. The firm had revenue of $378.00 million for the quarter, compared to analyst estimates of $369.00 million. Koppers Holdings had a return on equity of 153.51% and a net margin of 3.02%. The company’s revenue was down 1.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.93 EPS. On average, analysts forecast that Koppers Holdings will post $3.24 EPS for the current fiscal year.

In related news, VP Leslie S. Hyde sold 1,800 shares of the firm’s stock in a transaction that occurred on Friday, September 22nd. The stock was sold at an average price of $43.00, for a total transaction of $77,400.00. Following the transaction, the vice president now directly owns 19,927 shares in the company, valued at approximately $856,861. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP Leslie S. Hyde sold 1,810 shares of the firm’s stock in a transaction that occurred on Wednesday, September 27th. The stock was sold at an average price of $45.00, for a total value of $81,450.00. Following the transaction, the vice president now owns 19,727 shares in the company, valued at $887,715. The disclosure for this sale can be found here. 3.90% of the stock is owned by company insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Envestnet Asset Management Inc. grew its position in shares of Koppers Holdings by 0.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 2,902 shares of the specialty chemicals company’s stock worth $124,000 after buying an additional 18 shares during the last quarter. Arizona State Retirement System grew its position in shares of Koppers Holdings by 0.9% in the 1st quarter. Arizona State Retirement System now owns 10,786 shares of the specialty chemicals company’s stock worth $457,000 after buying an additional 100 shares during the last quarter. Teachers Retirement System of The State of Kentucky grew its position in shares of Koppers Holdings by 1.6% in the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 6,200 shares of the specialty chemicals company’s stock worth $263,000 after buying an additional 100 shares during the last quarter. Louisiana State Employees Retirement System grew its position in shares of Koppers Holdings by 1.2% in the 2nd quarter. Louisiana State Employees Retirement System now owns 8,500 shares of the specialty chemicals company’s stock worth $307,000 after buying an additional 100 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its position in shares of Koppers Holdings by 2.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 5,104 shares of the specialty chemicals company’s stock worth $216,000 after buying an additional 104 shares during the last quarter. Institutional investors and hedge funds own 87.99% of the company’s stock.

Koppers Holdings Company Profile

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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