PPG Industries, Inc. – Consensus ‘buy’ rating and 16.1% Upside Potential

Broker Ratings
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PPG Industries, Inc. with ticker code (PPG) have now 23 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between 180 and 140 with the average target price sitting at $161.14. Now with the previous closing price of $138.83 this now indicates there is a potential upside of 16.1%. The 50 day MA is $143.69 and the 200 moving average now moves to $135.43. The company has a market capitalization of 33.20B. The stock price for the company is currently is currently 140.96 USD

The potential market cap would be $38,532,821,076 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 25.31, revenue per share of 75.93 and a 5.91% 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.

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