Barrington Keeps Their Buy Rating on Koppers Holdings (KOP)

In a report released today, Gary Prestopino from Barrington maintained a Buy rating on Koppers Holdings, with a price target of $55.00.

End of Quarter Sale - 50% Off TipRanks

• Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
• Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks

According to TipRanks, Prestopino is a 4-star analyst with an average return of 4.3% and a 48.99% success rate. Prestopino covers the Consumer Cyclical sector, focusing on stocks such as LKQ, Dorman Products, and Commercial Vehicle Group.

Koppers Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $55.00.

Based on Koppers Holdings’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $432.7 million and a net profit of $29.7 million. In comparison, last year the company earned a revenue of $477 million and had a GAAP net loss of $10.2 million

Based on the recent corporate insider activity of 33 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. Last month, Leroy Ball, the CEO of KOP sold 2,489.00 shares for a total of $94,357.99.