PPG Industries, Inc. – Consensus ‘buy’ rating and 4.5% Upside Potential

Broker Ratings
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PPG Industries, Inc. with ticker code (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 $174.00 and $135.00 calculating the average target price we see $155.41. Now with the previous closing price of $148.68 this indicates there is a potential upside of 4.5%. It’s also worth noting that there is a 50 day moving average of $133.55 and the 200 day moving average is $136.88. The company has a market cap of 35.08B. The current share price for the company is: $148.75 USD

The potential market cap would be $36,662,929,187 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 24.96, 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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