PPG Industries (PPG) Stock Forecast & Price Target

$120.14 +0.54 (+0.45%)

As of 01/17/2025 03:59 PM Eastern

PPG Industries - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 15 Analyst Ratings

Sell
0

Hold
7

Buy
8

Based on 15 Wall Street analysts who have issued ratings for PPG Industries in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 15 analysts, 7 have given a hold rating, and 8 have given a buy rating for PPG.

Consensus Price Target

$149.23
24.21% Upside

According to the 15 analysts' twelve-month price targets for PPG Industries, the average price target is $149.23. The highest price target for PPG is $163.00, while the lowest price target for PPG is $136.00. The average price target represents a forecasted upside of 24.21% from the current price of $120.14.

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PPG Analyst Ratings Over Time

Type	Current Forecast 1/21/24 to 1/20/25	1 Month Ago 12/22/23 to 12/21/24	3 Months Ago 10/23/23 to 10/22/24	1 Year Ago 1/21/23 to 1/21/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	8 Buy rating(s)	10 Buy rating(s)	11 Buy rating(s)	10 Buy rating(s)
Hold	7 Hold rating(s)	7 Hold rating(s)	6 Hold rating(s)	4 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$149.23	$149.29	$149.93	$156.56
Forecasted Upside	24.21% Upside	24.19% Upside	18.43% Upside	10.73% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

PPG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

PPG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

PPG Industries Stock vs. The Competition

Type	PPG Industries	Basic Materials Companies	S&P 500
Consensus Rating Score	2.53	2.76	2.52
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	24.21% Upside	130.03% Upside	12.44% Upside
News Sentiment Rating	Positive News See Recent PPG News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
12/19/2024	Deutsche Bank Aktiengesellschaft 3 of 5 stars		Lower Target	Buy ➝ Buy	$150.00 ➝ $145.00	+19.59%
12/18/2024	Citigroup 3 of 5 stars		Lower Target	Buy ➝ Buy	$150.00 ➝ $145.00	+17.80%
12/16/2024	KeyCorp 3 of 5 stars	A. Yefremov Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
10/22/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sector Perform ➝ Sector Perform	$138.00 ➝ $136.00	+6.44%
10/21/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$160.00 ➝ $155.00	+18.52%
10/18/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$155.00 ➝ $145.00	+10.50%
10/17/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating	John Roberts Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform ➝ Outperform	$160.00 ➝ $150.00	+16.11%
7/22/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$152.00 ➝ $150.00	+17.65%
7/22/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$148.00 ➝ $144.00	+12.46%
7/19/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$140.00 ➝ $142.00	+10.90%
Get the Latest News and Ratings for PPG and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for PPG Industries and its competitors with MarketBeat's FREE daily newsletter.
4/22/2024	Seaport Res Ptn Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Harrison Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy
4/22/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ In-Line	$152.00	+16.12%
4/11/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Equal Weight ➝ Overweight	$150.00 ➝ $163.00	+18.35%
3/1/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Peer Perform
2/1/2024	Redburn Atlantic Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$160.00	+13.44%
1/19/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$150.00	+5.87%
1/3/2024	Vertical Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
7/24/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight	$143.00 ➝ $155.00	+3.37%
7/21/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underperform	$133.00 ➝ $140.00	-6.49%
1/23/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$144.00 ➝ $149.00	+14.39%
1/23/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Neutral	$130.00	+0.01%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 03:57 PM ET.

Should I Buy PPG Industries Stock? PPG Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, January 20, 2025. Please send any questions or comments about these PPG Industries pros and cons to contact@marketbeat.com.

PPG Industries
Bull Case

Here are some ways that investors could benefit from investing in PPG Industries, Inc.:

Strong Return on Equity: PPG Industries, Inc. has a return on equity of 23.63%, indicating effective management in generating profits from shareholders' equity.
Consistent Dividend Payments: The company recently announced a quarterly dividend of $0.68, which translates to an annualized dividend of $2.72 and a yield of 2.26%. This consistent return can be attractive for income-focused investors.
Positive Analyst Ratings: The stock has received multiple "buy" ratings from analysts, with a consensus price target of $149.29, suggesting potential for price appreciation.
Strong Market Position: PPG Industries, Inc. operates in the paints and coatings sector, which is essential for various industries, providing a stable demand for its products.
Recent Revenue Performance: Despite a slight year-over-year decline, the company reported revenue of $4.58 billion, demonstrating resilience in a competitive market.

PPG Industries
Bear Case

Investors should be bearish about investing in PPG Industries, Inc. for these reasons:

Missed Earnings Expectations: The company reported earnings per share of $2.13, falling short of the consensus estimate of $2.15, which may raise concerns about its profitability.
Declining Revenue Trend: PPG Industries, Inc. experienced a 1.5% decrease in revenue compared to the same quarter last year, indicating potential challenges in maintaining growth.
Insider Selling Activity: Recent insider selling, including a significant sale by a vice president, may signal a lack of confidence in the stock's short-term performance.
Analyst Downgrades: Some analysts have lowered their price targets for the stock, which could reflect a more cautious outlook on the company's future performance.
Market Volatility: The overall market conditions can impact PPG Industries, Inc.'s stock price, making it susceptible to fluctuations that could affect investor returns.

PPG Forecast - Frequently Asked Questions

: According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for PPG Industries is $149.23, with a high forecast of $163.00 and a low forecast of $136.00.
: 15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PPG Industries in the last year. There are currently 7 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PPG shares.
: According to analysts, PPG Industries's stock has a predicted upside of 24.21% based on their 12-month stock forecasts.
: Over the previous 90 days, PPG Industries's stock had 1 downgrade by analysts.
: PPG Industries has been rated by research analysts at Citigroup, Deutsche Bank Aktiengesellschaft, KeyCorp, and Royal Bank of Canada in the past 90 days.
: Analysts like PPG Industries less than other "basic materials" companies. The consensus rating score for PPG Industries is 2.53 while the average consensus rating score for "basic materials" companies is 2.76. Learn more on how PPG compares to other companies.

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This page (NYSE:PPG) was last updated on 1/20/2025 by MarketBeat.com Staff

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PPG Industries (PPG) Stock Forecast & Price Target