PPG Industries, Inc. (PPG)
NYSE: PPG · Real-Time Price · USD
121.08
-2.34 (-1.90%)
At close: Nov 19, 2024, 4:00 PM
120.18
-0.90 (-0.74%)
After-hours: Nov 19, 2024, 4:35 PM EST
PPG Industries Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for PPG Industries stock have an average target of 149.86, with a low estimate of 136 and a high estimate of 163. The average target predicts an increase of 23.77% from the current stock price of 121.08.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PPG Industries stock from 17 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 5 | 5 | 5 | 5 | 5 |
| Buy | 5 | 4 | 4 | 4 | 6 | 6 |
| Hold | 7 | 7 | 7 | 7 | 6 | 6 |
| Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 19 | 16 | 16 | 16 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Hold Maintains $138 → $136 | Hold | Maintains | $138 → $136 | +12.32% | Oct 22, 2024 |
| BMO Capital | BMO Capital | Buy Reiterates $160 → $155 | Buy | Reiterates | $160 → $155 | +28.01% | Oct 21, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $155 → $145 | Buy | Maintains | $155 → $145 | +19.76% | Oct 18, 2024 |
| Mizuho | Mizuho | Buy Maintains $160 → $150 | Buy | Maintains | $160 → $150 | +23.89% | Oct 17, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $140 → $139 | Hold | Maintains | $140 → $139 | +14.80% | Jul 23, 2024 |
Financial Forecast
Revenue This Year
17.96B
from 18.25B
Decreased by -1.59%
Revenue Next Year
16.75B
from 17.96B
Decreased by -6.72%
EPS This Year
8.24
from 5.35
Increased by 54.09%
EPS Next Year
8.94
from 8.24
Increased by 8.46%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.9B | 19.6B | 21.2B | ||
| Avg | 18.0B | 16.8B | 17.9B | ||
| Low | 17.0B | 14.1B | 16.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.9% | 9.0% | 26.6% | ||
| Avg | -1.6% | -6.7% | 6.8% | ||
| Low | -6.6% | -21.4% | -4.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.61 | 9.98 | 10.97 | ||
| Avg | 8.24 | 8.94 | 9.87 | ||
| Low | 7.94 | 8.38 | 8.95 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 60.9% | 21.0% | 22.7% | ||
| Avg | 54.1% | 8.5% | 10.3% | ||
| Low | 48.4% | 1.6% | 0.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.