Stock To Watch: PPG Industries, Inc. (NYSE:PPG)


The leading market experts have placed a mean price target of $123.94 on PPG Industries, Inc. (NYSE:PPG) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.34 a share for the upcoming quarter and $6.29 for the current fiscal. Technical View The technical analysis of PPG Industries, Inc. Common Sto plainly substantiates that the 50-day moving average of PPG Industries, Inc. Common Sto is $106.89, and stock is hovering 0.76 or +0.72% distant from $106.89. It is noted that the 200-day MA is $104.29, and PPG Industries, Inc. Common Sto stock is $3.36 or +3.22% off from this point. PPG Industries, Inc. (NYSE:PPG) 52-week high is $117.00 and the 52-week low is $82.93. This explains if the stock moves $-9.35, it will post a 52-week high. In event of $+29.81% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of PPG Industries, Inc. Common Sto, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, PPG Industries, Inc. (NYSE:PPG) ratio came in at 20.42. The stock last ended the trading session at $107.65 and registered a market cap of $28.64B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. PPG Industries, Inc. (NYSE:PPG) PEG ratio is at 1.85.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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