What Analysts Are Saying About PPG Indus Stock
Portfolio Pulse from Benzinga Insights
Analysts have mixed views on PPG Industries (NYSE:PPG), with 3 analysts giving ratings ranging from bullish to somewhat bullish over the last three months. The average 12-month price target for PPG is $159.33, with a high of $166.00 and a low of $152.00. The average target has decreased by 1.65%. Citigroup, Keybanc, and Barclays analysts have recently adjusted their price targets and ratings. PPG is a global coatings producer, with strong financial indicators such as a 3.94% revenue growth rate, a net margin of 9.17%, an ROE of 5.55%, an ROA of 1.95%, and a debt-to-equity ratio of 0.9.

January 03, 2024 | 5:00 pm
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PPG Industries has received mixed analyst ratings but maintains strong financial performance indicators. The average price target has been slightly lowered, indicating a cautious outlook from analysts.
While the average price target for PPG has been lowered, indicating a more conservative outlook from analysts, the company's strong financial performance could mitigate any negative sentiment. The mixed ratings suggest a neutral short-term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100