PPG Industries downgraded by BofA Securities with a new price target
$PPG
Paints/Coatings
Consumer Discretionary
BofA Securities downgraded PPG Industries from Buy to Neutral and set a new price target of $126.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/15/2025 | $126.00 | Buy → Neutral | BofA Securities |
| 3/10/2025 | Buy → Hold | Argus | |
| 3/5/2025 | Buy → Neutral | Seaport Research Partners | |
| 2/12/2025 | $145.00 → $115.00 | Overweight → Neutral | Analyst |
| 4/22/2024 | Neutral → Buy | Seaport Research Partners | |
| 4/22/2024 | $152.00 | Outperform → In-line | Evercore ISI |
| 4/11/2024 | $150.00 → $163.00 | Equal Weight → Overweight | Wells Fargo |
| 3/7/2024 | $173.00 → $156.00 | Buy → Neutral | UBS |
Proprietary knowhow drives productivity and customer value creation PPG (NYSE:PPG) today announced that its in-house tools for cradle-to-gate product carbon footprint (PCF) measurement and life cycle assessment (LCA) have been validated to internationally recognized ISO standards by independent accreditation firm WAP Sustainability Consulting. In addition, PPG's environmental product declaration (EPD) process has been certified by the International EPD system, the world's largest EPD publisher. PCFs measure the total greenhouse gas emissions associated with a product's life cycle, from raw material extraction to end-of-life disposal. LCAs evaluate the environmental impacts associated wi
PPG (NYSE:PPG) today announced that it has been named to Newsweek magazine's World's Greenest Companies 2025 list. The list recognizes the top 750 publicly listed companies across 26 countries for their environmental sustainability performance. "For decades, customers have relied on PPG as a partner to support their most challenging needs to protect and beautify countless assets," said Peter Votruba-Drzal, PPG vice president, global sustainability. "By embracing sustainable innovation as a key component of our business strategy, we're driving growth through solutions that yield sustainable advantages for our customers." PPG recently reported strong 2024 progress against its 2030 sustain
PPG (NYSE:PPG) today announced that it has been recognized as one of "Europe's Best Employers 2025" by the Financial Times. The list includes companies that are highly recommended by their own employees and employees working at other companies in their industry sector. The list was compiled via an independent, anonymous survey developed by rankings firm Statista from a large sample of European employees working for companies with at least 500 employees in Europe. The final score is based on personal recommendation (the willingness of employees to recommend their employer) and public recommendation (the willingness to recommend other employers in their industry sector). "It's an honor to b
4 - PPG INDUSTRIES INC (0000079879) (Issuer)
BofA Securities downgraded PPG Industries from Buy to Neutral and set a new price target of $126.00
Argus downgraded PPG Industries from Buy to Hold
Seaport Research Partners downgraded PPG Industries from Buy to Neutral
SD - PPG INDUSTRIES INC (0000079879) (Filer)
10-Q - PPG INDUSTRIES INC (0000079879) (Filer)
8-K - PPG INDUSTRIES INC (0000079879) (Filer)
Flowchem ("Flowchem" or the "Company") and SCF Partners ("SCF") are pleased to announce several personnel additions. Flowchem is a leading global player in the drag reducing agent ("DRA") market, providing custom-engineered specialty chemicals to help customers around the world optimize the performance of their infrastructure. These key appointments bolster the already-strong management team in place at the time of the Company's acquisition in 2024, positioning it for continued growth and industry leadership. Shivali Agarwal has been appointed as Chief Operating Officer ("COO"). Shivali brings decades of industry operating experience in roles across the globe, most recently serving as Gr
PPG (NYSE:PPG) today announced several business leadership appointments as it continues to focus on driving and delivering the company's growth strategy. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241113944237/en/Tom Maziarz, currently PPG vice president, automotive refinish, Americas, will become PPG vice president, traffic solutions, effective Dec. 1. (Photo: Business Wire) Tom Maziarz, currently PPG vice president, automotive refinish, Americas, will become PPG vice president, traffic solutions, effective Dec. 1. He will report to Amy Ericson, PPG senior vice president, protective and marine coatings. Maziarz will replace
PPG (NYSE:PPG) today announced that Kevin Braun, currently senior vice president, industrial coatings segment, will become senior vice president, operations, effective October 1, 2024. Braun will succeed Ram Vadlamannati, who announced his intention to retire from PPG after 25 years with the company. Vadlamannati will leave the company at the end of the year. Braun will continue to report to Tim Knavish, PPG chairman and CEO, and serve on PPG's operating committee. In his new role, Braun will lead the operations organization that includes PPG's supply chain, operational excellence, manufacturing operations, procurement, and environment, health and safety functions. He will also maintain exe
4 - PPG INDUSTRIES INC (0000079879) (Issuer)
4 - PPG INDUSTRIES INC (0000079879) (Issuer)
4 - PPG INDUSTRIES INC (0000079879) (Issuer)
SC 13G/A - PPG INDUSTRIES INC (0000079879) (Subject)
SC 13G/A - PPG INDUSTRIES INC (0000079879) (Subject)
SC 13G/A - PPG INDUSTRIES INC (0000079879) (Subject)
Net sales of $3.7 billion, a decrease of 4% over the prior year driven by unfavorable foreign currency translation of 3% and business divestitures of 2% including silicas Organic sales increased 1% versus prior year driven by higher sales volumes Reported earnings per diluted share (EPS) of $1.64 and adjusted EPS of $1.72 Segment margin of 16.5% and segment EBITDA margin of 19.4% Share repurchases in the quarter totaled approximately $400 million Net debt at quarter end was $5.4 billion, an increase of $340 million over the prior year PPG (NYSE:PPG) today reported financial results for the first quarter 2025. First Quarter 2025 Consolidated Results $ in millions, except EPS
PPG (NYSE:PPG) today held its annual meeting of shareholders where Tim Knavish, PPG chairman and chief executive officer, highlighted the company's 2024 performance. PPG achieved full-year 2024 net sales from continuing operations of $15.8 billion, and adjusted EPS increased 6%, supported by PPG's strong portfolio and driven by sales of PPG's technology-advantaged products and strong brands. The company delivered record results in several businesses in 2024, including aerospace coatings, automotive refinish coatings, and architectural coatings Latin America. "I want to thank PPG's approximately 45,000 employees throughout the world who are dedicated to being a trusted partner for customer
The Board of Directors of PPG (NYSE:PPG) today declared a regular quarterly dividend of 68 cents per share, payable June 12 to shareholders of record May 12. Through the ongoing dedication and engagement of its workforce, PPG has raised its annual dividend payment for 53 consecutive years and has paid uninterrupted annual dividends since 1899. This marks the company's 507th consecutive dividend payment. PPG: WE PROTECT AND BEAUTIFY THE WORLD® At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and specialty materials that our customers have trusted for more than 140 years. Through dedication and creativity, we solve our customers' biggest challenges, collabor