PPG Industries, Inc. which can be found using ticker (PPG) have now 22 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $166.00 and $135.00 suggesting an average Analsyt target price of $154.50. Now with the previous closing price of $135.56 this would imply there is now a potential upside of 14.0%. It’s also worth noting that there is a 50 day moving average of $129.22 while the 200 day moving average is $135.73. The total market capitalization for the company now stands at 32.21B. The stock price is currently at: $136.58 USD
The potential market cap would be $36,705,220,000 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 22.88, 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.
