RBC Capital analyst Arun Viswanathan maintains $PPG Industries (PPG.US)$ with a hold rating, and adjusts the target price from $138 to $136.
According to TipRanks data, the analyst has a success rate of 53.3% and a total average return of 0.4% over the past year.
Furthermore, according to the comprehensive report, the opinions of $PPG Industries (PPG.US)$'s main analysts recently are as follows:
The company's recent earnings did not meet expectations for Q3, facing challenges in the Auto/industrial sectors. Nevertheless, the Europe segment is anticipated to have more favorable comparisons, with the Mexico market performing robustly. Additionally, the company is projecting cost savings of $60M by the year 2025.
The company's recent quarterly outcomes have been unsatisfactory but were anticipated in light of the significant deceleration in the auto OEM sector. Despite this, the expectation of resumed growth in the coming year, coupled with a beneficial asset sale projected to contribute positively by 2025, suggests the company's prospects for advancement.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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加皇資本市場分析師Arun Viswanathan維持$PPG工業 (PPG.US)$持有評級，並將目標價從138美元下調至136美元。
根據TipRanks數據顯示，該分析師近一年總勝率為53.3%，總平均回報率為0.4%。
此外，綜合報道，$PPG工業 (PPG.US)$近期主要分析師觀點如下：
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