Short Term Rating on PPG Industries (PPG)

PPG Industries (PPG) : 10 brokerage houses believe that PPG Industries (PPG) is a Strong Buy at current levels. 3 Analyst considers the fundamentals to be worthy of a Buy recommendation. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on PPG Industries (PPG). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 15 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.47.

PPG Industries (PPG) : The highest short term price target forecast on PPG Industries (PPG) is $130 and the lowest target price is $110. A total of 14 equity analysts are currently covering the company. The average price of all the analysts is $122.64 with a standard deviation of $5.29.

For the current week, the company shares have a recommendation consensus of Buy.


PPG Industries (NYSE:PPG): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $107.55 and $107.31 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $109.50. The buying momentum continued till the end and the stock did not give up its gains. It closed at $108.70, notching a gain of 1.96% for the day. The total traded volume was 1,404,235 . The stock had closed at $106.61 on the previous day.

PPG Industries, Inc. (PPG) manufactures and distributes a range of coatings, optical and specialty materials and glass products. The Company operates business through three segments: Performance Coatings, Industrial Coatings and Glass. The Performance Coatings segment consists of the refinish, aerospace, architectural coatings-Americas and Asia Pacific, architectural coatings-EMEA, and protective and marine coatings operating businesses. It primarily supplies a range of protective and decorative coatings, sealants and finishes along with paint strippers, stains and related chemicals. The Industrial Coatings segment consists of the automotive original equipment manufacturer (OEM) coatings, industrial coatings, packaging coatings, and the specialty coatings and materials operating businesses. The Glass segment consists of the flat glass and fiber glass businesses. It supplies flat glass and continuous-strand fiber glass products.

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