PPG Industries – Consensus Indicates Potential 38.9% Upside

03:44pm, Saturday, 05'th Mar 2022 DirectorsTalk
PPG Industries found using ticker (PPG) now have 21 analysts in total covering the stock. The consensus rating is ''Buy''. The target price ranges between 200 and 160 with a mean TP of 177.86. Now with the previous closing price of 128.05 this indicates there is a potential upside of 38.9%. There is a 50 day moving average of 156.73 and the 200 day MA is 161.51. The company has a market cap of $29,252m. Find out more information at: https://www.ppg.com [stock_market_widget type="chart" template="basic" color="green" assets=PPG" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $40,631m based on the market concensus. PPG Industries manufactures and distributes paints, coatings, and specialty materials worldwide. The company''s Performance Coatings segment offers coatings, solvents, adhesives, sealants, sundries, and software for automotive and commercial transport/fleet repair and refurbishing, light industrial coatings, and specialty coatings for signs; and coatings, sealants, transparencies, transparent armor, adhesives, engineered materials, and packaging and chemical management services for commercial, military, regional jet, and general aviation aircraft.
NEW YORK , March 1, 2022 /PRNewswire/ -- Global Hydrophobic Coatings Market: Overview The global hydrophobic coatings market is forecasted to grow by USD 519.19 million , accelerating at a CAGR of 5% between 2021 and 2026. Technavio segments the market by end-user (automotive, building and construction, aerospace, marine, and others) and geography (APAC, North America , Europe , South America , and the Middle East and Africa ). The report provides a comprehensive analysis of recent developments, new product launches, major revenue-generating segments, and market behavior across geographies. Key points covered in the hydrophobic coatings market study: Market estimates and forecast 2022-2026 Key drivers, trends, and challenges impacting market growth Segment-wise, region-wise, and country-wide analysis Analysis on market share by vendors Key product launches and regulatory climate Post-COVID-19 impact on the market landscape Download a Free Sample Report to find out more about the report coverage Hydrophobic Coatings Market: Growth Opportunities Developing countries such as China and India are witnessing significant investments in infrastructure development.

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The inclusion of Arsonsisi's powder coating division will boost PPG's sustainable coatings capability and will offer its EMEA customers expanded powder coating options.
Pune, India, Feb. 08, 2022 (GLOBE NEWSWIRE) -- The global powder coatings market size is slated to reach USD 18.95 billion by 2028, registering a 6.2% CAGR during the forecast period. The increasing demand for industrial equipment & machinery in the automotive, infrastructure and construction industry will have an excellent impact on the market growth, states Fortune Business Insights, in a report, titled " Powder Coatings Market, 2021-2028." The market size stood at USD 11.58 billion in 2020 and reached USD 12.46 billion in 2021. COVID-19 Impact : The COVID19 outbreak halted the manufacturing of raw materials used in powder coating production. Asian nations such as India, China, Japan, Singapore, and Thailand are the primary manufacturers of these coatings and suppliers of raw ingredients. The recent coronavirus epidemic in Asia Pacific has disrupted the availability of these basic materials. China, for example, is a major resin provider, supplying one million tons of resin to the global market.
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