Credit Suisse analyst Chris Parkinson maintained a Hold rating on PPG Industries (PPG) yesterday and set a price target of $115. The company’s shares closed yesterday at $101.96.
According to TipRanks.com, Parkinson is a 1-star analyst with an average return of -0.7% and a 51.4% success rate. Parkinson covers the Consumer Goods sector, focusing on stocks such as Compass Minerals International Inc, Sherwin-Williams Company, and Axalta Coating Systems.
Currently, the analyst consensus on PPG Industries is a Moderate Buy with an average price target of $113.90.
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PPG Industries’ market cap is currently $24.46B and has a P/E ratio of 20.47. The company has a Price to Book ratio of 4.91.
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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.
