Barrington Research Reiterates "Outperform" Rating for Koppers (NYSE:KOP)

Koppers (NYSE:KOP - Get Free Report)'s stock had its "outperform" rating reissued by investment analysts at Barrington Research in a research note issued to investors on Monday,Benzinga reports. They presently have a $64.00 price target on the specialty chemicals company's stock. Barrington Research's price target would indicate a potential upside of 116.91% from the company's previous close.

Separately, StockNews.com raised shares of Koppers from a "sell" rating to a "hold" rating in a report on Monday, November 11th.

Koppers Stock Performance

Shares of Koppers stock traded down $2.77 during trading on Monday, reaching $29.51. The company's stock had a trading volume of 575,484 shares, compared to its average volume of 122,626. The business's fifty day moving average price is $30.92 and its 200-day moving average price is $34.68. Koppers has a one year low of $27.33 and a one year high of $58.23. The firm has a market cap of $598.04 million, a price-to-earnings ratio of 8.38 and a beta of 1.83. The company has a debt-to-equity ratio of 1.83, a quick ratio of 1.13 and a current ratio of 2.54.

Koppers (NYSE:KOP - Get Free Report) last issued its quarterly earnings results on Thursday, February 27th. The specialty chemicals company reported $0.77 EPS for the quarter, missing the consensus estimate of $0.95 by ($0.18). Koppers had a return on equity of 16.71% and a net margin of 3.55%. As a group, equities research analysts predict that Koppers will post 4.24 earnings per share for the current year.

Institutional Trading of Koppers

Institutional investors have recently modified their holdings of the company. Public Employees Retirement System of Ohio raised its stake in shares of Koppers by 265.8% in the fourth quarter. Public Employees Retirement System of Ohio now owns 10,626 shares of the specialty chemicals company's stock valued at $344,000 after purchasing an additional 7,721 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Koppers by 51.5% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 63,462 shares of the specialty chemicals company's stock valued at $2,056,000 after buying an additional 21,565 shares during the period. Two Sigma Advisers LP raised its stake in shares of Koppers by 332.1% in the 4th quarter. Two Sigma Advisers LP now owns 33,700 shares of the specialty chemicals company's stock valued at $1,092,000 after buying an additional 25,900 shares in the last quarter. Two Sigma Investments LP lifted its holdings in shares of Koppers by 63.6% during the 4th quarter. Two Sigma Investments LP now owns 68,209 shares of the specialty chemicals company's stock worth $2,210,000 after acquiring an additional 26,529 shares during the period. Finally, State of Wyoming boosted its position in shares of Koppers by 66.3% during the 4th quarter. State of Wyoming now owns 4,422 shares of the specialty chemicals company's stock valued at $143,000 after acquiring an additional 1,763 shares in the last quarter. Institutional investors and hedge funds own 92.75% of the company's stock.

About Koppers

Koppers Holdings Inc provides treated wood products, wood preservation chemicals, and carbon compounds in the United States, Australasia, Europe, and internationally. The company operates through Railroad and Utility Products and Services (RUPS), Performance Chemicals (PC), and Carbon Materials and Chemicals (CMC) segments.