Goldman Has Buy On PPG (PPG)

Goldman Sachs has a Buy rating on shares of PPG Industries, Inc. PPG. In a note to clients, Goldman writes, "Despite noise related to its tax rate, PPG reported solid 4Q2010 results with EPS exceeding the consensus estimate by $0.12. We continue to believe that this is a misunderstood company and that consensus 2011 EPS estimates are too low. See our related note published today “Management meetings takeaways: 2011 estimates too low; Buy” for more details." Shares of PPG lost 69 cents on Friday to close at $83.23, a loss of 0.7%.
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Posted In: Analyst ColorAnalyst RatingsDiversified ChemicalsGoldman SachsMaterials
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