Morgan Stanley (NYSE:MS) analyst Vincent Andrews maintained a Hold rating on PPG Industries (NYSE:PPG) on Monday, setting a price target of $175, which is approximately 0.20% above the present share price of $174.65.
Andrews expects PPG Industries to post earnings per share (EPS) of $1.59 for the second quarter of 2021.
The current consensus among 13 TipRanks analysts is for a Moderate Buy rating of shares in PPG Industries, with an average price target of $179.85.
The analysts price targets range from a high of $200 to a low of $145.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $3.88 billion and a net profit of $527 million. The company's market cap is $41.41 billion.
According to TipRanks.com, Morgan Stanley analyst Vincent Andrews is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 7.3% and a 74.71% success rate.
Pennsylvania-based PPG Industries, Inc. manufactures and distributes paints, coatings, and specialty materials. It operates through two segments: Performance Coatings and Industrial Coatings.