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PPG

PPG

$112.80

0.4 (0.36%)

07:49
07/17/17
07/17
07:49
07/17/17
07:49

PPG price target raised to $114 from $109 at Credit Suisse

Credit Suisse analyst Christopher Parkinson raised his price target for PPG to $114 from $109 on valuation. The analyst reiterates an Outperform rating on the shares.

  • 20

    Jul

PPG PPG
$112.80

0.4 (0.36%)

03/15/17
ATLE
03/15/17
UPGRADE
Target $125
ATLE
Overweight
PPG upgraded to Overweight from Neutral at Atlantic Equities
Atlantic Equities analyst Colin Isaac upgraded PPG to Overweight and raised his price target for the shares to $125 from $110.
03/23/17
RBCM
03/23/17
NO CHANGE
RBCM
AkzoNobel could be acquired for EUR100 per share, says RBC Capital
After PPG (PPG) made a second, EUR 88 per share bid for Akzo Nobel (AKZOY) and the bid was rejected, RBC Capital analyst Arun Viswanathan says that a hypothetical EUR 100 per share bid is "a fair value and one Akzo might be more willing to accept." The analyst says that such a deal would be accretive for PPG if it was done in all cash.
04/21/17
FBCO
04/21/17
NO CHANGE
Target $109
FBCO
Outperform
PPG price target raised to $109 from $104 at Credit Suisse
Credit Suisse analyst Christopher Parkinson raised his price target for PPG (PPG) to $109 from $104 after the company posted a "solid" Q1 performance. While Q2 will still present challenges from raw material inflation and key markets remain sluggish, the analyst feels the prospect of an AkzoNobel (AKZOY) deal will keep relative performance moving in the right direction. He reiterates an Outperform rating on PPG's shares.
04/21/17
JPMS
04/21/17
NO CHANGE
Target $110
JPMS
Overweight
PPG would be worth over $130/share with Akzo deal, says JPMorgan
JPMorgan analyst Jeffrey Zekauskas believes PPG Industries (PPG) will bid higher for AkzoNobel (AKZOY) given the accretion potential of the deal. A bid above EUR 90 per share will likely prove attractive to the Akzo shareholder, Zekauskas tells investors in a research note. The analyst believes PPG would be worth in excess of $130 per share following a takeover of Akzo. He continues to view PPG as a good long-term investment and keeps an Overweight rating on the shares with a $110 price target.

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