Mizuho Reiterates Buy Rating on PPG Industries
Mizuho maintains a buy rating for PPG Industries with a $135 target price, a 11.30% upside from the current price.
Key Points
- Mizuho reiterated its buy rating on PPG Industries, Inc. (NYSE:PPG) on July 1, 2026, with a price target of $135.
- Mizuho's $135 price target implies 11.30% upside from PPG Industries, Inc.'s ($PPG) current $121.29 share price.
- Shares of PPG Industries traded near $121.29 on Wednesday, with a market cap of approximately $27 billion.
- Analysts maintain a consensus buy rating, with an average target price of $123.55 from 20 opinions.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
On July 1, 2026, Mizuho reiterated its buy rating on PPG Industries, Inc. (NYSE:PPG) with a price target of $135. Analyst John Roberts maintained the positive outlook, suggesting confidence in the company's prospects. This update comes as shares of PPG traded around $121.29 on Wednesday.
Mizuho vs. the S&P 500
Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.
PPG Industries, Inc. Stock Up 6.2%
Shares of NYSE:PPG traded near $121.29 on Wednesday. PPG Industries has a market cap of about $27 billion and a P/E ratio of 17.4. The stock has seen a 52-week low of $93.39 and a high of $133.43. It maintains a 50-day moving average of $111.93 and a 200-day moving average of $108.16. The company has a current ratio of 1.61 and a quick ratio of 1.07, with a debt-to-equity ratio of 93.74.
$PPG price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
PPG Industries reported revenue of $16.12 billion, reflecting a growth of 6.7%. The company achieved an EPS of $6.97, with a net margin of 9.83% and a return on equity of 20.75%. The next earnings release is scheduled for July 28, 2026.
Dividend
PPG Industries pays an annual dividend rate of $2.84, yielding 2.34%. The dividend payout ratio stands at 40.26%.
Insider Buying and Selling at PPG Industries, Inc.
Several insiders at PPG Industries made purchases on June 15, 2026. Sr. VP, Legal & Spl. Projects Anne Foulkes, Sr. VP, Automotive Coatings Alisha Bellezza, Sr. VP, Ind Coatings & Sp Prod Juliane Hefel, Chairman and CEO Timothy Knavish, and Sr VP, Operations Kevin Braun all bought shares at an average price of $121.53. Earlier, on June 12, Juliane Hefel also acquired 12 shares at $116.49.
Analysts Set New Price Targets
On July 1, 2026, Mizuho maintained its buy rating on PPG Industries with a price target of $135. Citigroup, on June 24, maintained a hold rating with a $125 target. BMO Capital kept a buy rating with a $140 target on June 15. Overall, analysts maintain a consensus buy rating with an average target price of $123.55 from 20 opinions.
About PPG Industries
PPG Industries, Inc., based in Pittsburgh, Pennsylvania, is a leading manufacturer and distributor of paints, coatings, and specialty materials. The company operates through segments such as Global Architectural Coatings, Performance Coatings, and Industrial Coatings, serving markets in the Americas, Asia, and Europe. Led by CEO Timothy M. Knavish, PPG employs approximately 43,500 people worldwide.
Bottom Line
Mizuho's reiterated buy rating on PPG Industries reflects ongoing confidence in the company's market position and future growth. Investors keep a close eye on such analyst updates as they assess potential opportunities. However, it's important to note that these ratings are based on past performance and do not guarantee future results.
Get PPG Industries, Inc. alerts
New 13F filings, insider trades, and analyst moves on $PPG, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.