Barrington analyst Gary Prestopino maintained a Buy rating on Koppers Holdings (KOP – Research Report) today and set a price target of $45.00. The company’s shares opened today at $38.21.
Prestopino covers the Industrials sector, focusing on stocks such as Koppers Holdings, Methode Electronics, and Ritchie Bros. According to TipRanks, Prestopino has an average return of 25.6% and a 55.49% success rate on recommended stocks.
Currently, the analyst consensus on Koppers Holdings is a Moderate Buy with an average price target of $45.00.
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KOP market cap is currently $799.8M and has a P/E ratio of 11.62.
Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of KOP in relation to earlier this year. Earlier this month, Leslie Hyde, the SVP, Chief Sustainability Offi of KOP sold 4,096.00 shares for a total of $157,941.76.
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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.
Read More on KOP:
- Koppers Holdings management to meet with Barrington
- Koppers Reports Second Quarter 2023 Results; Reaffirms 2023 Outlook
- Koppers Holdings sees FY23 adjusted EPS about $4.40, consensus $4.39
- Koppers Holdings reports Q2 adjusted EPS $1.26, consensus $1.08
- Koppers Holdings Inc. Declares Quarterly Cash Dividend
