Analysts rate PPG Industries Inc.(PPG:NYE) with a Buy, $169 Target

Analysts rate PPG Industries Inc. stock with a consensus Buy rating and a 12-month average target price of $169.30 per share.
Deutsche Bank Capital maintains PPG Industries Inc. with a Buy rating and lowers the target price to $155 from $180 on the company’s stock.
Based on the PPG Industries Inc stock forecasts from 9 analysts, the average analyst target price for PPG Industries Inc is USD 169.30 over the next 12 months. PPG Industries Inc’s average analyst rating is Buy . Stock Target Advisor’s own stock analysis of PPG Industries Inc is Neutral, which is based on 6 positive signals and 6 negative signals. At the last closing, PPG Industries Inc’s stock price was USD 132.85. PPG Industries Inc’s stock price has changed by +3.57% over the past week, +2.58% over the past month and -23.93% over the last year.
What we like:
High market capitalization
This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.
Superior risk adjusted returns
This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.
Superior return on equity
The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.
Positive cash flow
The company had positive total cash flow in the most recent four quarters.
Positive free cash flow
The company had positive total free cash flow in the most recent four quarters.
High Gross Profit to Asset Ratio
This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.
What we don’t like:
Below median total returns
The company has under performed its peers on annual average total returns in the past 5 years.
Overpriced compared to book value
The stock is trading high compared to its peers median on a price to book value basis.
Overpriced on cashflow basis
The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.
Highly leveraged
The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.
Overpriced on free cash flow basis
The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.
Low Revenue Growth
This stock has shown below median revenue growth in the previous 5 years compared to its sector.