RBC Capital Keeps Their Hold Rating on PPG Industries (PPG)
RBC Capital analyst Arun Viswanathan maintained a Hold rating on PPG Industries yesterday and set a price target of $109.00.
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Viswanathan covers the Basic Materials sector, focusing on stocks such as Celanese, Eastman Chemical, and Huntsman. According to TipRanks, Viswanathan has an average return of -1.8% and a 46.00% success rate on recommended stocks.
In addition to RBC Capital, PPG Industries also received a Hold from TR | OpenAI – 4o’s Dorian Reaxon in a report issued on December 3. However, on December 17, Citi reiterated a Buy rating on PPG Industries (NYSE: PPG).
Based on PPG Industries’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $4.08 billion and a net profit of $453 million. In comparison, last year the company earned a revenue of $4.58 billion and had a net profit of $468 million
