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Koppers Holdings (KOP) Receives a Rating Update from a Top Analyst

In a report released today, Gary Prestopino from Barrington maintained a Buy rating on Koppers Holdings (KOPResearch Report), with a price target of $38.00. The company’s shares opened today at $27.54.

Prestopino covers the Technology sector, focusing on stocks such as Cars, CCC Intelligent Solutions Holdings, and PowerFleet. According to TipRanks, Prestopino has an average return of 29.6% and a 57.04% success rate on recommended stocks.

Koppers Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $38.00.

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The company has a one-year high of $35.58 and a one-year low of $20.11. Currently, Koppers Holdings has an average volume of 94.21K.

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Koppers Holdings, Inc. operates as a holding company, which produces treated wood products, wood treatment chemicals and carbon compounds. It operates through the following segments: Carbon Materials and Chemicals; Railroad and Utility Products and Services; and Performance Chemicals. The Carbon Materials and Chemicals segment manufactures carbon pitch naphthalene,creosote and carbon black feedstock. The Railroad and Utility Products and Services segment sells treated and untreated wood products, manufactured products and services primarily to the railroad and public utility markets. The Performance Chemicals segment engages in the development, manufacture, and marketing wood preservation chemicals and wood treatment technologies for use in the pressure treating of lumber for residential, industrial and agricultural applications. The company was founded on November 18, 2004 and is headquartered in Pittsburgh, PA.

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