Jeffrey Zekauskas, analyst at J P Morgan, reiterates coverage on PPG Industries (PPG) in the Basic Material sector with a Buy rating. TipRanks.com has Zekauskas rated as a 4 star analyst with a 7% return on investment and a 65% success rate. Zekauskas has set a price target of $165.00 .
TipRanks.com reports that PPG currently has 12 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $186.82 . The target pricing ranges from a high forecast of $200.00 down to a low forecast of $165.00 .
PPG’s last closing price was $159.77 which would put the average price target at 16.93% upside.
In addition, TradingView issued a Buy rating for PPG over the next month.
Remember, securities are volatile, so please do your own research on PPG.
Other analysts covering PPG include:
- Steve Byrne of Bank of America Securities issued a buy rate with the price target of $191 on July 21st
- Michael Sison of Wells Fargo issued a buy rate with the price target of $189 on July 21st
- Ghansham Panjabi of Robert W Baird issued a buy rate with the price target of $200 on July 21st
- John McNulty of BMO Capital issued a buy rate with the price target of $189 on July 21st
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