PPG Industries, Inc. with ticker code (PPG) have now 23 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $175.00 and $141.00 calculating the mean target price we have $156.97. Given that the stocks previous close was at $135.33 this would indicate that there is a potential upside of 16.0%. Also worth taking note is the 50 day moving average now sits at $137.28 and the 200 moving average now moves to $137.72. The total market capitalization for the company now stands at 31.83B. The stock price for the company is currently $135.74 USD
The potential market cap would be $36,920,986,203 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 22.89, revenue per share of $77.04 and a 6.38% return on assets.
PPG Industries, Inc. manufactures and distributes a range of paints, coatings, and specialty materials. The Company operates through two segments: Performance Coatings and Industrial Coatings. The Performance Coatings segment primarily supplies a range of protective and decorative coatings, sealants and finishes along with pavement marking products, paint strippers, stains, and related chemicals, as well as transparencies and transparent armor. The Industrial Coatings segment primarily supplies a range of protective and decorative coatings and finishes along with adhesives, sealants, metal pretreatment products, optical monomers and coatings, low-friction coatings, precipitated silicas, and other specialty materials. Its Performance Coatings brands include PPG, GLIDDEN, COMEX, OLYMPIC, DULUX, SIGMA, HISTOR, SEIGNEURIE, PEINTURES GAUTHIER, and JOHNSTONE’S, among others. Its Industrial Coatings brands include PPG and TESLIN. It supplies its products to customers in an array of end-uses.
