Expert Ratings For PPG Indus
Portfolio Pulse from Benzinga Insights
PPG Industries (NYSE:PPG) received mixed analyst ratings over the past three months, with an average 12-month price target of $159.75, up from $157.00. Analysts from Baird, UBS, Wells Fargo, and Keybanc have provided ratings and adjusted price targets, reflecting a positive outlook on PPG's financial performance, which includes strong revenue growth, net margin, ROE, ROA, and a healthy debt-to-equity ratio. PPG is a leading global producer of coatings with a significant market presence.
January 19, 2024 | 8:00 pm
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POSITIVE IMPACT
PPG Industries has received mixed analyst ratings but a positive adjustment in the average price target to $159.75. The company's strong financial performance and market position may positively influence its stock price in the short term.
The increase in the average price target and positive financial indicators such as revenue growth, net margin, ROE, and ROA suggest that analysts are optimistic about PPG's performance. This optimism, coupled with a strong market position, is likely to have a positive impact on PPG's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100