Analyst Ratings For PPG Indus
Portfolio Pulse from Benzinga Insights
In the past three months, 7 analysts have provided ratings for PPG Industries (NYSE:PPG), showing a range of opinions from bullish to bearish. The average 12-month price target has decreased by 2.89% to $148.71. Analysts have recently lowered their price targets, reflecting a cautious outlook. PPG's financials show strong profitability and financial health, but revenue growth has been challenging.
October 17, 2024 | 5:01 pm
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PPG Industries has seen a decrease in the average 12-month price target by 2.89% to $148.71, with analysts lowering their ratings. Despite strong profitability and financial health, the company faces challenges in revenue growth.
The decrease in the average price target and the lowering of ratings by multiple analysts suggest a negative short-term outlook for PPG Industries. The company's strong profitability and financial health are positive, but the challenges in revenue growth and the downward trend in analyst sentiment are likely to weigh on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100