Suntrust Robinson has downgraded Ppg Industries (NYSE:PPG) from Buy to Hold in a report released on 7/24/2017.

Yesterday PPG Industries (NYSE:PPG) traded -0.77% lower at $105.49. The company’s 50-day moving average is $110.60 and its 200-day moving average is $105.37. The last stock close price is up 0.17% from the 200-day moving average, compared to the S&P 500 which has increased 0.07% over the same time. 687,839 shares of the stock were exchanged, down from an average trading volume of 1,221,470

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PPG Industries has a one year low of $89.64 and a one year high of $113.67 with a price-earnings ratio of 27.77 PPG’s total market value is presently $0.

A total of 18 equity analysts have released a ratings update on PPG Industries. Six brokerages rating the company a strong buy, eleven brokerages rating the company a buy, three brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $124.33.

General Company Details For PPG Industries (NYSE:PPG)

PPG Industries, Inc. manufactures and distributes a range of coatings and specialty materials. The Company has three segments: Performance Coatings, Industrial Coatings and Glass. The Performance Coatings segment includes the refinish, aerospace, protective and marine, architectural businesses. The Industrial Coatings segment includes the automotive original equipment manufacturer (OEM), industrial coatings, packaging coatings, coatings services and specialty coatings and materials businesses. The Glass segment includes the North American fiber glass business. The Company's geographical segments include the United States, Canada, Western Europe, Latin America, Central and Eastern Europe, the Middle East, Africa and Asia Pacific. The Company's brands include PPG, GLIDDEN, COMEX, OLYMPIC, DULUX, SIKKENS, PPG PITTSBURGH PAINTS, MULCO, FLOOD, LIQUID NAILS, SICO, CIL, RENNER, TAUBMANS, WHITE KNIGHT, BRISTOL, HOMAX, DEKORAL, TRILAK, GORI, and BONDEX, among others.

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