PPG Industries, Inc. (NYSE:PPG) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 16, 2016
Boasting a price of $101.24, PPG Industries, Inc. (NYSE:PPG) traded 0.85% lower on the day. The last stock price close is down 6.36% from the two hundred day moving average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the same time. PPG Industries, Inc. has logged a 50-day moving average of $104.70 and two hundred day moving average of $107.19. Volume of trade was was down over the average, with 1,309,687 shares of PPG changing hands under the typical 1,496,800 shares.
Zacks Investment Research has upgraded PPG Industries, Inc.(NYSE:PPG) to Hold in a report released 9/16/2016.
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In addition to Zacks Investment Research reporting it’s price target, a total of 18 firms have issued a report on PPG. The 12-month target price is $124.33 with six analysts rating the stock a strong buy, 11 firms rating the stock a buy, three analysts rating the stock a hold, 0 rating the company to underperform, and lastly 0 analysts rating the stock as sell.
With a market cap of $0.0, PPG Industries, Inc. has a PE of 19 with a one-year low of $82.93 and a one-year high of $117.00.
General Information About PPG Industries, Inc. (NYSE:PPG)
PPG Industries, Inc. (PPG) manufactures and distributes a range of coatings, specialty materials and glass products. PPG operates through three business segments: Performance Coatings, Industrial Coatings and Glass. The Performance Coatings segment consists of the refinish, aerospace, protective and marine, architectural-Americas and Asia Pacific, and architectural-EMEA coatings businesses. The Industrial Coatings segment consists of the automotive original equipment manufacturer (OEM), industrial coatings, packaging coatings, and specialty coatings and materials businesses. Industrial, automotive OEM, packaging coatings, and specialty coatings and materials products are formulated specifically for the customers’ needs and application methods. The Glass segment consists of the flat glass and fiberglass businesses. The Company’s brands include SIKKENS, PPG PITTSBURGH PAINTS, MULCO, FLOOD, LIQUID NAILS, SICO, CIL, RENNER, TAUBMANS, and WHITE KNIGHT and BRISTOL.
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