PPG Industries, Inc. Share Price Target ‘$156.97’, now 16.8% Upside Potential

Broker Ratings
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PPG Industries, Inc. which can be found using ticker (PPG) now have 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 $175.00 and $141.00 with the average share target price sitting at $156.97. (at the time of writing). Now with the previous closing price of $134.44 this is indicating there is a potential upside of 16.8%. Also worth taking note is the 50 day moving average now sits at $136.76 and the 200 moving average now moves to $137.50. The market cap for the company is 31.37B. The stock price for the company is currently is currently $133.77 USD

The potential market cap would be $36,626,021,778 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 22.56, 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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