PPG Industries, Inc. Share Price Target ‘$150.88’, now 27.3% 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 target price High/Low ranges between $166.00 and $135.00 calculating the mean target share price we have $150.88. (at the time of writing). Now with the previous closing price of $118.56 this would indicate that there is a potential upside of 27.3%. It’s also worth noting that there is a 50 day moving average of $126.99 and the 200 day MA is $135.62. The company has a market capitalization of 27.62B. Currently the stock stands at: $118.40 USD

The potential market cap would be $35,152,799,564 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 19.41, revenue per share of $76.82 and a 6.52% 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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