PPG Industries, Inc. (PPG)
NYSE: PPG · IEX Real-Time Price · USD
134.78
-0.26 (-0.19%)
May 16, 2024, 4:00 PM EDT - Market closed
PPG Industries Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for PPG Industries stock have an average target of 155.4, with a low estimate of 140 and a high estimate of 166. The average target predicts an increase of 15.30% from the current stock price of 134.78.
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
---|---|---|---|---|---|---|
Strong Buy | 6 | 7 | 6 | 5 | 5 | 5 |
Buy | 5 | 5 | 5 | 5 | 5 | 4 |
Hold | 5 | 4 | 4 | 6 | 7 | 7 |
Sell | 1 | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 17 | 17 | 16 | 17 | 18 | 17 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
BMO Capital | BMO Capital | Buy Maintains $168 → $165 | Buy | Maintains | $168 → $165 | +22.42% | Apr 23, 2024 |
RBC Capital | RBC Capital | Hold Maintains $156 → $141 | Hold | Maintains | $156 → $141 | +4.61% | Apr 22, 2024 |
Keybanc | Keybanc | Buy Maintains $164 → $162 | Buy | Maintains | $164 → $162 | +20.20% | Apr 22, 2024 |
Barclays | Barclays | Hold Maintains $149 → $148 | Hold | Maintains | $149 → $148 | +9.81% | Apr 22, 2024 |
B of A Securities | B of A Securities | Strong Buy Maintains $167 → $164 | Strong Buy | Maintains | $167 → $164 | +21.68% | Apr 22, 2024 |
Financial Forecast
Revenue This Year
18.83B
from 18.25B
Increased by 3.21%
Revenue Next Year
19.47B
from 18.83B
Increased by 3.41%
EPS This Year
8.57
from 5.35
Increased by 60.13%
EPS Next Year
9.42
from 8.57
Increased by 9.94%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 19.8B | 20.6B | 21.5B | 22.2B | 23.2B |
Avg | 18.8B | 19.5B | 20.2B | 20.9B | 21.5B |
Low | 17.9B | 18.5B | 19.0B | 19.9B | 20.2B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 8.8% | 9.6% | 10.4% | 9.6% | 10.7% |
Avg | 3.2% | 3.4% | 4.0% | 3.3% | 2.9% |
Low | -2.2% | -1.9% | -2.7% | -1.9% | -3.6% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 9.43 | 10.35 | 11.18 | 10.72 | 10.96 |
Avg | 8.57 | 9.42 | 10.33 | 10.27 | 10.45 |
Low | 8.13 | 8.66 | 9.21 | 9.93 | 10.05 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 76.2% | 20.8% | 18.7% | 3.8% | 6.7% |
Avg | 60.1% | 9.9% | 9.7% | -0.5% | 1.8% |
Low | 52.0% | 1.1% | -2.2% | -3.9% | -2.1% |
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.