PPG Industries, Inc. – Consensus ‘buy’ rating and 26.2% Upside Potential

Broker Ratings
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PPG Industries, Inc. which can be found using ticker (PPG) have now 23 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 $280.00 and $141.00 calculating the mean target price we have $161.84. Given that the stocks previous close was at $128.27 this is indicating there is a potential upside of 26.2%. The 50 day MA is $132.27 and the 200 day MA is $136.58. The market capitalization for the company is 29.98B. The stock price for the company is currently is currently $127.86 USD

The potential market cap would be $37,830,173,255 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 21.56, 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.

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