# PPG Industries, Inc. – Consensus ‘buy’ rating and 14.0% Upside Potential

- Link: https://www.directorstalkinterviews.com/ppg-industries-inc.consensus-buy-rating-and-14.0-upside-potential/4121133616
- Published: 2023-11-22T12:52:12+00:00
- Author: Charlotte Edwards

**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.

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