PPG Industries, Inc. – Consensus ‘buy’ rating and 26.9% Upside Potential

Broker Ratings
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PPG Industries, Inc. which can be found using ticker (PPG) now have 22 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $175.00 and $135.00 with the average target price sitting at $154.54. Given that the stocks previous close was at $121.82 this would imply there is now a potential upside of 26.9%. The 50 day MA is $131.86 and the 200 moving average now moves to $135.70. The company has a market cap of 28.91B. The stock price for the company is currently is currently $122.60 USD

The potential market cap would be $36,673,857,431 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 20.54, revenue per share of $76.63 and a 6.42% 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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