In a report issued on January 18, Duffy Fischer from Barclays maintained a Hold rating on PPG Industries (PPG), with a price target of $115. The company’s shares closed on Friday at $105.43.
According to TipRanks.com, Fischer is a 4-star analyst with an average return of 12.6% and a 54.8% success rate. Fischer covers the Consumer Goods sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and Axalta Coating Systems.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PPG Industries with a $115.56 average price target, implying a 9.6% upside from current levels. In a report issued on January 18, J.P. Morgan also downgraded the stock to Hold with a $106 price target.
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The company has a one-year high of $121.65 and a one-year low of $94.37. Currently, PPG Industries has an average volume of 1.8M.
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PPG Industries, Inc. engages in the manufacture and distribution of coatings, specialty materials, and glass products. It operates through the following business segments: Performance Coatings, Industrial Coatings, and Glass. The Performance Coatings segment comprises of the refinish, aerospace, protective and marine, and architectural coatings businesses.
