Shares of Koppers Holdings Inc. (NYSE:KOP) have received an average rating of “Buy” from the eight analysts that are covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $48.33.
A number of research firms recently weighed in on KOP. B. Riley reiterated a “buy” rating and issued a $65.00 price objective on shares of Koppers in a research report on Tuesday, December 19th. Zacks Investment Research lowered shares of Koppers from a “strong-buy” rating to a “sell” rating in a research report on Wednesday, January 17th. ValuEngine lowered shares of Koppers from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Finally, TheStreet lowered shares of Koppers from a “b-” rating to a “c” rating in a research report on Tuesday, February 27th.
Shares of KOP traded up $0.50 during mid-day trading on Friday, reaching $41.10. 220,099 shares of the company’s stock were exchanged, compared to its average volume of 114,107. The company has a current ratio of 1.80, a quick ratio of 0.96 and a debt-to-equity ratio of 6.29. The firm has a market cap of $853.98, a PE ratio of 11.17 and a beta of 0.94. Koppers has a 52-week low of $33.90 and a 52-week high of $51.80.
Large investors have recently bought and sold shares of the stock. Cigna Investments Inc. New purchased a new position in Koppers in the 4th quarter valued at $277,000. Wells Fargo & Company MN boosted its position in shares of Koppers by 67.8% during the 3rd quarter. Wells Fargo & Company MN now owns 56,499 shares of the specialty chemicals company’s stock worth $2,607,000 after purchasing an additional 22,822 shares in the last quarter. Swiss National Bank boosted its position in shares of Koppers by 7.6% during the 4th quarter. Swiss National Bank now owns 36,600 shares of the specialty chemicals company’s stock worth $1,863,000 after purchasing an additional 2,600 shares in the last quarter. Comerica Bank boosted its position in shares of Koppers by 7.3% during the 3rd quarter. Comerica Bank now owns 53,885 shares of the specialty chemicals company’s stock worth $2,589,000 after purchasing an additional 3,650 shares in the last quarter. Finally, Icon Advisers Inc. Co. purchased a new stake in shares of Koppers during the 3rd quarter worth $923,000. Hedge funds and other institutional investors own 91.93% of the company’s stock.
Koppers Holdings Inc, through its subsidiaries, provides treated wood products, wood treatment chemicals, and carbon compounds in the United States and internationally. The company operates through three segments: Railroad and Utility Products and Services (RUPS), Performance Chemicals (PC), and Carbon Materials and Chemicals (CMC).
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