
PPG Industries (PPG) Stock Forecast & Price Target
PPG Industries (PPG) Analyst Ratings
Bulls say
PPG Industries benefits from a projected recovery in global economic growth, particularly in Europe and China, which is expected to enhance demand across various segments, including architectural coatings. The company is anticipated to improve its margins in FY25 through raw material cost deflation and a $150 million manufacturing savings initiative over three years, despite some limitations on pricing due to changes in European energy surcharges. Additionally, PPG is poised to gain $100 million annually in industrial market share, particularly within the automotive OEM sector, which is expected to outperform the market starting in Q3, further solidifying its positive financial outlook.
Bears say
PPG Industries has experienced a decline in Architectural Coatings sales primarily due to foreign exchange impacts and reduced volumes from paused project spending in Latin America and the Asia-Pacific region, particularly in Mexico. Additionally, while aerospace and refinish segments show growth potential, the sluggish performance of the Auto OEM sector raises concerns about overall demand, particularly with mixed prospects anticipated for fiscal year 2025. The combination of these factors suggests a challenging landscape for PPG, which may hinder the company's financial performance moving forward.
This aggregate rating is based on analysts' research of PPG Industries and is not a guaranteed prediction by Public.com or investment advice.
PPG Industries (PPG) Analyst Forecast & Price Prediction
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