PPG Industries (PPG) PT Lowered to $138 at RBC Capital

January 22, 2020 6:12 AM EST
Get Alerts PPG Hot Sheet
Price: $114.11 -0.54%

Rating Summary:
    15 Buy, 16 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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RBC Capital analyst Arun Viswanathan lowered the price target on PPG Industries (NYSE: PPG) to $138.00 (from $141.00) while maintaining an Outperform rating.

  • Lowering estimates on Auto and macro headwinds
  • Q1/2020 EBITDA forecast to $590M/$2.72B (from $625M/$2.786B) vs the Street’s $605M/ $2.725B


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