PPG Industries (PPG) Stock Forecast & Price Target

$117.94 +1.15 (+0.98%)

Closing price 02/20/2025 03:59 PM Eastern

Extended Trading

$117.97 +0.04 (+0.03%)

As of 02/20/2025 07:57 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

$138.15
17.14% Upside

According to the 15 analysts' twelve-month price targets for PPG Industries, the average price target is $138.15. The highest price target for PPG is $155.00, while the lowest price target for PPG is $115.00. The average price target represents a forecasted upside of 17.14% from the current price of $117.94.

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PPG Analyst Ratings Over Time

Type	Current Forecast 2/22/24 to 2/21/25	1 Month Ago 1/23/24 to 1/22/25	3 Months Ago 11/24/23 to 11/23/24	1 Year Ago 2/22/23 to 2/22/24
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)	8 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	$138.15	$149.23	$149.93	$158.93
Forecasted Upside	17.14% Upside	21.38% Upside	22.24% Upside	10.85% 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	2.75	2.53
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	17.14% Upside	144.51% Upside	12.83% Upside
News Sentiment Rating	Positive News See Recent PPG News	Positive 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
2/12/2025	JPMorgan Chase & Co. 3 of 5 stars	Jeffrey Zekauskas Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Overweight ➝ Neutral	$145.00 ➝ $115.00	+0.08%
2/6/2025	The Goldman Sachs Group 2 of 5 stars	Duffy Fischer Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$153.00 ➝ $135.00	+16.39%
2/4/2025	Royal Bank of Canada 4 of 5 stars	Arun Viswanathan Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Sector Perform ➝ Sector Perform	$128.00 ➝ $120.00	+7.86%
2/3/2025	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	$150.00 ➝ $140.00	+24.28%
2/3/2025	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Michael Leithead Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight ➝ Equal Weight	$144.00 ➝ $125.00	+10.96%
2/3/2025	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Michael Sison Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$150.00 ➝ $135.00	+19.66%
1/31/2025	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Joshua Spector Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$128.00 ➝ $126.00	+8.79%
12/19/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$150.00 ➝ $145.00	+19.59%
12/18/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$150.00 ➝ $145.00	+17.80%
12/16/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Yefremov Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
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.
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%
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%
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%
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%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 05:21 AM 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 Saturday, February 15, 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.:

PPG Industries, Inc. has a strong market capitalization of $26.66 billion, indicating a solid position in the specialty chemicals sector, which can provide stability and growth potential for investors.
The company recently announced a quarterly dividend of $0.68, translating to an annualized dividend of $2.72 and a dividend yield of 2.37%. This consistent dividend payment can be attractive for income-focused investors.
With a return on equity of 23.78%, PPG Industries, Inc. demonstrates effective management in generating profits from shareholders' equity, which is a positive indicator of financial health.
Analysts have a "Moderate Buy" rating on the stock, with an average price target of $140.46, suggesting potential upside from the current stock price, which is around $119.80.
The company has a relatively low debt-to-equity ratio of 0.77, indicating a balanced approach to leveraging, which can reduce financial risk for investors.

PPG Industries
Bear Case

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

PPG Industries, Inc. reported earnings per share (EPS) of $1.61, which missed analysts' consensus estimates of $1.65, indicating potential challenges in meeting growth expectations.
The stock has experienced a trading volume of 1,059,125 shares, which is significantly lower than its average volume of 2,183,379, suggesting reduced investor interest or confidence in the short term.
With a price-to-earnings (P/E) ratio of 24.29, the stock may be considered overvalued compared to its earnings, which could deter value-focused investors.
Recent target price reductions by major analysts, such as Goldman Sachs and Wells Fargo, indicate a cautious outlook on the stock's performance, which may raise concerns for potential investors.
The company's net margin of 6.41% is relatively modest, which may limit its ability to generate higher profits compared to competitors in the industry.

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 $138.15, with a high forecast of $155.00 and a low forecast of $115.00.
: 15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PPG Industries in the last twelve months. There are currently 7 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PPG shares.
: According to analysts, PPG Industries's stock has a predicted upside of 17.14% based on their 12-month stock forecasts.
: Over the previous 90 days, PPG Industries's stock had 2 downgrades by analysts.
: PPG Industries has been rated by research analysts at Barclays, Citigroup, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., KeyCorp, Mizuho, Royal Bank of Canada, The Goldman Sachs Group, UBS Group, and Wells Fargo & Company 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 2.75. Learn more on how PPG compares to other companies.

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This page (NYSE:PPG) was last updated on 2/21/2025 by MarketBeat.com Staff

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PPG Industries (PPG) Stock Forecast & Price Target