BMO Capital Markets Increases PPG Industries (NYSE:PPG) Price Target to $140.00

Posted by on Jun 15th, 2026

PPG Industries (NYSE:PPG – Get Free Report) had its target price upped by analysts at BMO Capital Markets from $135.00 to $140.00 in a research report issued on Monday,Benzinga reports. The brokerage currently has an “outperform” rating on the specialty chemicals company’s stock. BMO Capital Markets’ price objective points to a potential upside of 14.34% from the stock’s current price.

A number of other analysts also recently weighed in on the stock. Wells Fargo & Company decreased their price target on shares of PPG Industries from $135.00 to $130.00 and set an “overweight” rating for the company in a research report on Friday, April 10th. Weiss Ratings lowered shares of PPG Industries from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, June 2nd. Royal Bank Of Canada reissued a “sector perform” rating and set a $119.00 target price on shares of PPG Industries in a research report on Wednesday, June 10th. UBS Group boosted their target price on shares of PPG Industries from $110.00 to $116.00 and gave the company a “neutral” rating in a research note on Thursday, April 30th. Finally, Mizuho upped their price objective on PPG Industries from $115.00 to $125.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. Six analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat, PPG Industries presently has an average rating of “Hold” and an average price target of $123.00.

Read Our Latest Stock Analysis on PPG

PPG Industries Trading Up 2.6%

Shares of PPG traded up $3.11 during mid-day trading on Monday, reaching $122.45. The company had a trading volume of 251,856 shares, compared to its average volume of 2,110,973. PPG Industries has a fifty-two week low of $93.39 and a fifty-two week high of $133.43. The firm has a fifty day simple moving average of $109.55 and a 200-day simple moving average of $109.84. The stock has a market cap of $27.29 billion, a price-to-earnings ratio of 17.47, a price-to-earnings-growth ratio of 1.75 and a beta of 1.06. The company has a current ratio of 1.61, a quick ratio of 1.17 and a debt-to-equity ratio of 0.78.

PPG Industries (NYSE:PPG – Get Free Report) last posted its earnings results on Tuesday, April 28th. The specialty chemicals company reported $1.83 earnings per share for the quarter, beating the consensus estimate of $1.78 by $0.05. PPG Industries had a net margin of 9.83% and a return on equity of 21.68%. The business had revenue of $3.93 billion for the quarter, compared to analyst estimates of $3.85 billion. During the same quarter in the previous year, the business posted $1.72 EPS. The business’s quarterly revenue was up 6.7% on a year-over-year basis. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. On average, sell-side analysts anticipate that PPG Industries will post 7.92 EPS for the current fiscal year.

Hedge Funds Weigh In On PPG Industries

Institutional investors and hedge funds have recently made changes to their positions in the company. CNB Bank raised its stake in PPG Industries by 1.8% during the 4th quarter. CNB Bank now owns 4,514 shares of the specialty chemicals company’s stock worth $463,000 after buying an additional 80 shares during the period. IFP Advisors Inc increased its holdings in shares of PPG Industries by 2.7% in the fourth quarter. IFP Advisors Inc now owns 3,302 shares of the specialty chemicals company’s stock worth $338,000 after acquiring an additional 87 shares in the last quarter. Whittier Trust Co. raised its position in shares of PPG Industries by 1.4% during the fourth quarter. Whittier Trust Co. now owns 6,658 shares of the specialty chemicals company’s stock worth $703,000 after purchasing an additional 89 shares during the period. Evolve Private Wealth LLC lifted its holdings in shares of PPG Industries by 3.2% during the 1st quarter. Evolve Private Wealth LLC now owns 2,929 shares of the specialty chemicals company’s stock valued at $313,000 after purchasing an additional 92 shares in the last quarter. Finally, Insigneo Advisory Services LLC grew its position in shares of PPG Industries by 4.3% in the 4th quarter. Insigneo Advisory Services LLC now owns 2,234 shares of the specialty chemicals company’s stock valued at $229,000 after purchasing an additional 92 shares during the period. Institutional investors and hedge funds own 81.86% of the company’s stock.

PPG Industries Company Profile

(Get Free Report)

PPG Industries is a global supplier of paints, coatings and specialty materials that serves industrial, transportation, consumer and construction markets. Founded in 1883 as the Pittsburgh Plate Glass Company, PPG has evolved from its origins in glass manufacturing into a diversified coatings and materials company headquartered in Pittsburgh, Pennsylvania. The company develops and manufactures a broad array of products used to protect and enhance surfaces, from consumer paints to highly engineered coatings for demanding industrial applications.

PPG’s product portfolio includes architectural and decorative paints, automotive original equipment and refinish coatings, industrial coatings for machinery and equipment, protective and marine coatings, aerospace and defense coatings, and packaging coatings and materials.

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