PPG Industries, Inc. has a series of developments both positive and negative. Analysts have lifted the company's price target with an average of
$130.67 and the highest being
$135 at Wells Fargo. The second quarter of 2025 has been a challenging one employing a focus on high margin growth. The company has been earmarked by
institutional ownership, accounting for 88% of the company. Financial inconsistency is observed as various groups have sold shares, while others have also expanded their holdings. The company has been struggling with performance, underperforming against competitors on some days. It's anticipated to announce the Q2 2025 results on
July 29. An unfortunate move, PPG has decided to close a Chester Country factory as part of cost cutting, resulting in layoffs. On a positive note, it has renewed its title sponsorship of the annual CREF Golf Fundraiser. Furthermore, PPG plans to construct a $380 million manufacturing facility in North Carolina, bringing back investment and jobs to Shelby.
Ppg Industries PPG News Analytics from Thu, 17 Oct 2024 07:00:00 GMT to Sat, 12 Jul 2025 21:31:55 GMT -
Rating 3
- Innovation 4
- Information 6
- Rumor -2