PPG Industries Stock Target Price and Analyst Consensus

PPG Stock  USD 144.54  2.72  1.92%   
The current analyst and expert consensus on PPG Industries is Buy with 13 hold recommendations. The current projected PPG Industries target price consensus is 154.54 with 27 analyst opinions. One of the most common ways PPG Industries analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to PPG Industries vendors, executives, and/or customers. PPG Industries recommendation module provides expert sentiment on the projected PPG Industries target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on PPG Industries to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more detail on how to invest in PPG Stock please use our How to Invest in PPG Industries guide.
Lowest Forecast
140.63
Highest Forecast
171.54
Target Price
154.54
At this time, PPG Industries' Pretax Profit Margin is most likely to slightly decrease in the upcoming years. The PPG Industries' current Operating Profit Margin is estimated to increase to 0.13, while Gross Profit is projected to decrease to roughly 4.6 B. At this time, PPG Industries' Total Stockholder Equity is most likely to increase significantly in the upcoming years. The PPG Industries' current Net Debt is estimated to increase to about 5.6 B, while Total Current Liabilities is projected to decrease to roughly 3.2 B.
  
It's important to approach PPG Industries' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

PPG Industries Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. PPG target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. PPG Industries' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   27  Buy
Most PPG analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand PPG stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of PPG Industries, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

PPG Industries Target Price Projection

PPG Industries' current and average target prices are 144.54 and 154.54, respectively. The current price of PPG Industries is the price at which PPG Industries is currently trading. On the other hand, PPG Industries' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

PPG Industries Market Quote on 28th of March 2024

Low Price142.21Odds
High Price144.6Odds

144.54

Target Price

Analyst Consensus On PPG Industries Target Price

Low Estimate140.63Odds
High Estimate171.54Odds

154.54

Historical Lowest Forecast  140.63 Target Price  154.54 Highest Forecast  171.54
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on PPG Industries and the information provided on this page.

PPG Industries Analyst Ratings

PPG Industries' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about PPG Industries stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of PPG Industries' financials, market performance, and future outlook by experienced professionals. PPG Industries' historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize PPG Industries price targets

PPG Industries' stock target price is an estimate of its future price, usually made by analysts. Using PPG Industries' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at PPG Industries' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if PPG Industries' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional PPG Industries Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of PPG Industries is a key component of PPG Industries valuation and have some predictive power on the future returns of a PPG Industries.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PPG Industries' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
143.50144.55145.60
Details
Intrinsic
Valuation
LowRealHigh
130.09149.13150.18
Details
Naive
Forecast
LowNextHigh
145.40146.44147.49
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.801.861.95
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as PPG Industries. Your research has to be compared to or analyzed against PPG Industries' peers to derive any actionable benefits. When done correctly, PPG Industries' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in PPG Industries.

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When determining whether PPG Industries is a strong investment it is important to analyze PPG Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PPG Industries' future performance. For an informed investment choice regarding PPG Stock, refer to the following important reports:
Check out Macroaxis Advice on PPG Industries to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more detail on how to invest in PPG Stock please use our How to Invest in PPG Industries guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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When running PPG Industries' price analysis, check to measure PPG Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PPG Industries is operating at the current time. Most of PPG Industries' value examination focuses on studying past and present price action to predict the probability of PPG Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PPG Industries' price. Additionally, you may evaluate how the addition of PPG Industries to your portfolios can decrease your overall portfolio volatility.
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The data published in PPG Industries' official financial statements usually reflect PPG Industries' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of PPG Industries. For example, before you start analyzing numbers published by PPG accountants, it's critical to develop an understanding of what PPG Industries' liquidity, profitability, and earnings quality are in the context of the Chemicals space in which it operates.
Please note, the presentation of PPG Industries' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, PPG Industries' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in PPG Industries' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of PPG Industries. Please utilize our Beneish M Score to check the likelihood of PPG Industries' management manipulating its earnings.