PPG Industries, Inc. (PPG)
NYSE: PPG · Real-Time Price · USD
134.55
+6.71 (5.25%)
Sep 26, 2024, 4:00 PM EDT - Market closed
PPG Industries Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for PPG Industries stock have an average target of 151, with a low estimate of 139 and a high estimate of 163. The average target predicts an increase of 12.23% from the current stock price of 134.55.
Analyst Consensus: Buy
* Price targets were last updated on Jul 23, 2024.
Analyst Ratings
The average analyst rating for PPG Industries stock from 15 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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 5 | 5 | 5 |
| Buy | 5 | 5 | 5 | 4 | 4 | 4 |
| Hold | 7 | 7 | 7 | 7 | 7 | 6 |
| Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 19 | 19 | 19 | 16 | 16 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Hold Maintains $140 → $139 | Hold | Maintains | $140 → $139 | +3.31% | Jul 23, 2024 |
| Keybanc | Keybanc | Buy Maintains $162 → $153 | Buy | Maintains | $162 → $153 | +13.71% | Jul 22, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $152 → $150 | Strong Buy | Maintains | $152 → $150 | +11.48% | Jul 22, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $145 → $144 | Strong Buy | Maintains | $145 → $144 | +7.02% | Jul 22, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $165 → $161 | Buy | Maintains | $165 → $161 | +19.66% | Jul 22, 2024 |
Financial Forecast
Revenue This Year
18.38B
from 18.25B
Increased by 0.72%
Revenue Next Year
18.97B
from 18.38B
Increased by 3.23%
EPS This Year
8.32
from 5.35
Increased by 55.50%
EPS Next Year
9.16
from 8.32
Increased by 10.16%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 19.4B | 20.3B | 21.2B | ||
| Avg | 18.4B | 19.0B | 19.7B | ||
| Low | 17.7B | 17.9B | 18.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.2% | 10.3% | 11.8% | ||
| Avg | 0.7% | 3.2% | 3.9% | ||
| Low | -3.2% | -2.4% | -2.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.77 | 10.45 | 11.71 | ||
| Avg | 8.32 | 9.16 | 10.04 | ||
| Low | 7.98 | 8.41 | 8.92 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 63.9% | 25.6% | 27.7% | ||
| Avg | 55.5% | 10.2% | 9.6% | ||
| Low | 49.1% | 1.1% | -2.7% |
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.