PPG Industries Receives a Buy from KeyBanc


In a report released today, Michael Sison from KeyBanc maintained a Buy rating on PPG Industries (NYSE: PPG), with a price target of $128. The company’s shares closed on Friday at $105.

According to TipRanks.com, Sison is a 5-star analyst with an average return of 16.2% and a 69.1% success rate. Sison covers the Consumer Goods sector, focusing on stocks such as Air Products and Chemicals, Pq Group Holdings Inc, and Eastman Chemical.

PPG Industries has an analyst consensus of Moderate Buy, with a price target consensus of $116.57, representing an 11.0% upside. In a report issued on July 20, Northcoast Research also reiterated a Buy rating on the stock with a $125 price target.

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The company has a one-year high of $122.07 and a one-year low of $100.36. Currently, PPG Industries has an average volume of 1.88M.

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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.

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