On Oct 22, major Wall Street analysts update their ratings for $PPG Industries (PPG.US)$, with price targets ranging from $136 to $165.
Morgan Stanley analyst Vincent Andrews maintains with a hold rating, and adjusts the target price from $155 to $142.
Barclays analyst Michael Leithead maintains with a hold rating, and maintains the target price at $144.
RBC Capital analyst Arun Viswanathan maintains with a hold rating, and adjusts the target price from $138 to $136.
Seaport Global analyst Michael Harrison CFA maintains with a buy rating, and maintains the target price at $165.
Furthermore, according to the comprehensive report, the opinions of $PPG Industries (PPG.US)$'s main analysts recently are as follows:
The company is encountering challenges, particularly in the Auto and industrial sectors, while its European operations are poised for more favorable comparisons. The strength observed in the Mexican market is noteworthy, and the company anticipates achieving cost savings of $60 million by 2025.
The company's quarterly outcomes were seen as unsatisfactory, although this was anticipated in light of the significant deceleration in the auto OEM sector. It is noted that with certain strategic asset divestitures positively contributing to future financials, and with growth prospects anticipated to improve in the coming year, there is an expectation for the company's performance to advance.
Here are the latest investment ratings and price targets for $PPG Industries (PPG.US)$ from 4 analysts:
Note:
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美東時間10月22日，多家華爾街大行更新了$PPG工業 (PPG.US)$的評級，目標價介於136美元至165美元。
摩根士丹利分析師Vincent Andrews維持持有評級，並將目標價從155美元下調至142美元。
巴克萊銀行分析師Michael Leithead維持持有評級，維持目標價144美元。
加皇資本市場分析師Arun Viswanathan維持持有評級，並將目標價從138美元下調至136美元。
Seaport Global分析師Michael Harrison CFA維持買入評級，維持目標價165美元。
此外，綜合報道，$PPG工業 (PPG.US)$近期主要分析師觀點如下：
公司面臨挑戰，尤其是在汽車和工業板塊，而其歐洲業務有望實現更有利的比較。墨西哥市場的增長勢頭值得關注，公司預計到2025年實現6,000萬美元的成本節約。
公司的季度業績被視爲令人不滿，儘管這在考慮到汽車OEm板塊出現顯著減速的情況下是可以預料的。值得注意的是，一些戰略性資產脫售對未來財務業績有積極的貢獻，而預計未來一年增長前景將改善，公司績效有望進一步提高。
以下爲今日4位分析師對$PPG工業 (PPG.US)$的最新投資評級及目標價：
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