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PPG Industries Inc has a consensus price target of $149.84 based on the ratings of 22 analysts. The high is $167 issued by Goldman Sachs on April 26, 2023. The low is $130 issued by Exane BNP Paribas on January 23, 2023. The 3 most-recent analyst ratings were released by Deutsche Bank, Citigroup, and RBC Capital on December 19, 2024, December 18, 2024, and October 22, 2024, respectively. With an average price target of $142 between Deutsche Bank, Citigroup, and RBC Capital, there's an implied 18.13% upside for PPG Industries Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for PPG Indus (NYSE:PPG) was reported by Deutsche Bank on December 19, 2024. The analyst firm set a price target for $145.00 expecting PPG to rise to within 12 months (a possible 20.62% upside). 36 analyst firms have reported ratings in the last year.
The latest analyst rating for PPG Indus (NYSE:PPG) was provided by Deutsche Bank, and PPG Indus maintained their buy rating.
The last upgrade for PPG Industries Inc happened on April 11, 2024 when Wells Fargo raised their price target to $163. Wells Fargo previously had an equal-weight for PPG Industries Inc.
The last downgrade for PPG Industries Inc happened on April 22, 2024 when Evercore ISI Group changed their price target from N/A to $152 for PPG Industries Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of PPG Indus, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for PPG Indus was filed on December 19, 2024 so you should expect the next rating to be made available sometime around December 19, 2025.
While ratings are subjective and will change, the latest PPG Indus (PPG) rating was a maintained with a price target of $150.00 to $145.00. The current price PPG Indus (PPG) is trading at is $120.21, which is out of the analyst’s predicted range.
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