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NYSE: PPG
Ppg Industries Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for PPG

Based on 13 analysts offering 12 month price targets for Ppg Industries Inc.
Min Forecast
$145.00-11.82%
Avg Forecast
$176.92+7.6%
Max Forecast
$193.00+17.38%

Should I buy or sell PPG stock?

Based on 14 analysts offering ratings for Ppg Industries Inc.
Strong Buy
Strong Buy
8 analysts 57.14%
Buy
2 analysts 14.29%
Hold
4 analysts 28.57%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

PPG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Mizuho
Top 5%
96
Strong BuyMaintains$184.00+11.90%2021-10-22Find out why
JP Morgan
Top 9%
92
HoldDowngradesN/AN/A2021-10-22
Citigroup
Top 6%
95
HoldDowngrades$163.00-0.87%2021-09-09
Wells Fargo
Top 10%
91
Strong BuyMaintains$180.00+9.47%2021-09-08
RBC Capital
Top 24%
77
BuyMaintains$170.00+3.39%2021-09-08
Deutsche Bank
Top 3%
98
Strong BuyMaintains$185.00+12.51%2021-09-08
Susquehanna
Top 41%
60
Strong BuyUpgrades$190.00+15.55%2021-07-26
Barclays
Top 44%
57
HoldMaintains$180.00+9.47%2021-07-21
Societe Generale
Bottom 29%
29
Strong BuyMaintains$192.00+16.77%2021-07-01
Anonymous
Morgan Stanley
HoldMaintains$175.00+6.43%2021-04-26

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Forecast return on equity

Is PPG forecast to generate an efficient return?
Company
36.56%
Industry
36%
Market
46.47%
PPG's Return on Equity is forecast to be high in 3 years (36.56%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is PPG forecast to generate an efficient return on assets?
Company
10.45%
Industry
9.45%
PPG is forecast to generate higher Return on Assets (10.45%) than the US Specialty Chemicals industry average (9.45%)
Forecast

PPG earnings per share forecast

What is PPG's earnings per share in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$6.99+16.69%
Avg 2 year Forecast
$8.73+45.74%
Avg 3 year Forecast
$9.63+60.77%
PPG's earnings are forecast to grow at a rate of 19.03% per year, which is not exceptional
Forecast

PPG revenue forecast

What is PPG's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$16.6B+1.6%
Avg 2 year Forecast
$18.7B+14.25%
Avg 3 year Forecast
$19.6B+19.69%
PPG's revenue is forecast to grow at a rate of 5.8% per year, which is not exceptional
Forecast

PPG earnings growth forecast

How is PPG forecast to perform vs Specialty Chemicals companies and vs the US market?
Company
19.03%
Industry
30.59%
Market
17.69%
PPG's earnings are forecast to grow slower (19.03% per year) than the US Specialty Chemicals industry average (30.59%)
Forecast
PPG's earnings are forecast to grow faster (19.03% per year) than the US market average (17.69%)
Forecast
PPG's earnings are forecast to grow faster (19.03% per year) than the risk-free savings rate (1.4%)
Forecast

PPG revenue growth forecast

How is PPG forecast to perform vs Specialty Chemicals companies and vs the US market?
Company
5.8%
Industry
6.12%
Market
10.71%
PPG's revenues are forecast to grow slower (5.8% per year) than the US Specialty Chemicals industry average (6.12%)
Forecast
PPG's revenues are forecast to grow slower (5.8% per year) than the US market average (10.71%)
Forecast

Ppg Industries Stock Forecast FAQ

Is Ppg Industries Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 14 Wall Street analysts covering (NYSE: PPG) stock is to Strong Buy PPG stock.

Out of 14 analysts, 8 (57.14%) are recommending PPG as a Strong Buy, 2 (14.29%) are recommending PPG as a Buy, 4 (28.57%) are recommending PPG as a Hold, 0 (0%) are recommending PPG as a Sell, and 0 (0%) are recommending PPG as a Strong Sell.

What is PPG's earnings growth forecast for 2021-2023?

(NYSE: PPG) Ppg Industries's forecast annual earnings growth rate of 19.03% is not forecast to beat the US Specialty Chemicals industry's average forecast earnings growth rate of 30.59%, and while it is forecast to beat the US market's average forecast earnings growth rate of 17.69%.

Ppg Industries's earnings in 2021 is $1,425,000,000.On average, 6 Wall Street analysts forecast PPG's earnings for 2021 to be $1,659,431,962, with the lowest PPG earnings forecast at $1,590,585,715, and the highest PPG earnings forecast at $1,756,766,312. On average, 7 Wall Street analysts forecast PPG's earnings for 2022 to be $2,072,509,447, with the lowest PPG earnings forecast at $1,911,076,867, and the highest PPG earnings forecast at $2,148,477,720.

In 2023, PPG is forecast to generate $2,286,170,214 in earnings, with the lowest earnings forecast at $2,032,151,302 and the highest earnings forecast at $2,374,008,530.

What is PPG's revenue growth forecast for 2021-2023?

(NYSE: PPG) Ppg Industries's forecast annual revenue growth rate of 5.8% is not forecast to beat the US Specialty Chemicals industry's average forecast revenue growth rate of 6.12%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.71%.

Ppg Industries's revenue in 2021 is $16,369,000,000.On average, 5 Wall Street analysts forecast PPG's revenue for 2021 to be $3,948,231,628,708, with the lowest PPG revenue forecast at $3,937,953,121,376, and the highest PPG revenue forecast at $3,955,907,747,889. On average, 5 Wall Street analysts forecast PPG's revenue for 2022 to be $4,439,620,057,505, with the lowest PPG revenue forecast at $4,336,126,580,045, and the highest PPG revenue forecast at $4,495,819,011,833.

In 2023, PPG is forecast to generate $4,651,056,616,613 in revenue, with the lowest revenue forecast at $4,558,571,179,306 and the highest revenue forecast at $4,705,123,473,880.

What is PPG's forecast return on assets (ROA) for 2021-2023?

(NYSE: PPG) forecast ROA is 10.45%, which is higher than the forecast US Specialty Chemicals industry average of 9.45%.

What is PPG's Price Target?

According to 13 Wall Street analysts that have issued a 1 year PPG price target, the average PPG price target is $176.92, with the highest PPG stock price forecast at $193.00 and the lowest PPG stock price forecast at $145.00.

On average, Wall Street analysts predict that Ppg Industries's share price could stay at $176.92 by Oct 22, 2022. The average Ppg Industries stock price prediction forecasts a potential downside of N/A from the current PPG share price of $164.43.

What is PPG's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: PPG) Ppg Industries's current Earnings Per Share (EPS) is $5.99. On average, analysts forecast that PPG's EPS will be $6.99 for 2021, with the lowest EPS forecast at $6.70, and the highest EPS forecast at $7.40. On average, analysts forecast that PPG's EPS will be $8.73 for 2022, with the lowest EPS forecast at $8.05, and the highest EPS forecast at $9.05. In 2023, PPG's EPS is forecast to hit $9.63 (min: $8.56, max: $10.00).

What is PPG's forecast return on equity (ROE) for 2021-2023?

(NYSE: PPG) forecast ROE is 36.56%, which is considered strong.
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