Mizuho Maintains Buy Rating for PPG Indus: Here's What You Need To Know

Mizuho has decided to maintain its Buy rating of PPG Indus PPG and raise its price target from $142.00 to $151.00.

Shares of PPG Indus are trading down 1.03% over the last 24 hours, at $140.15 per share.

A move to $151.00 would account for a 7.75% increase from the current share price.

About PPG Indus

PPG is a global producer of coatings. The company is the world's largest producer of coatings after the purchase of selected Akzo Nobel assets. PPG's products are sold to a wide variety of end users, including the automotive, aerospace, construction, and industrial markets. The company has a footprint in many regions around the globe, with less than half of sales coming from North America in recent years. PPG is focused on its coatings and specialty products and expansion into emerging regions, as exemplified by the Comex acquisition.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.