PPG Industries, Inc. – Consensus ‘buy’ rating and 18.2% Upside Potential

Broker Ratings
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PPG Industries, Inc. with ticker code (PPG) now have 22 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between 180 and 140 with the average target price sitting at $161.56. Given that the stocks previous close was at $136.64 this would imply there is now a potential upside of 18.2%. The day 50 moving average is $144.12 and the 200 day MA is $134.06. The company has a market cap of 32.88B. The stock price for the company is currently 139.63 USD

The potential market cap would be $38,882,091,734 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 25.07, 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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