Mizuho Rates PPG Industries (PPG) buy, $135 Price Target
Mizuho maintains a buy rating on PPG Industries, setting a price target of $135, a 11.30% upside from the current price.
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Mizuho rated PPG Industries, Inc. ($PPG) "buy" with a $135 price target on July 1, 2026.
Since the rating, $PPG is down 6.8% after 1 week, down 9.9% after 1 month and down 11.9% to date (from the $121.85 close on Jul 1, 2026).
PPG
PPG Industries, Inc.
Key Points
- Mizuho reiterated its buy rating on PPG Industries, Inc. with a target price of $135, reflecting confidence in the company's future.
- Mizuho's $135 price target implies 11.30% upside from PPG Industries, Inc.'s ($PPG) current $121.29 share price.
- PPG's shares recently closed at $121.29, showing a strong position as it trades above its 52-week low of $93.39.
- The company has a P/E ratio of 15.05 and is set to report earnings on October 27, 2026.
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Mizuho's Buy Rating on PPG Industries
Mizuho has reiterated its buy rating on PPG Industries, Inc. (NYSE: PPG) with a price target of $135. This update was made on July 1, 2026, when the stock was trading at $121.29. Mizuho's action suggests a continued positive outlook for the company in the specialty chemicals sector.
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Analysts Set New Price Targets
Mizuho's buy rating aligns with the broader sentiment among analysts. Other firms have shown varied opinions on PPG. For instance, Barclays recently initiated coverage with an Overweight rating and a target of $136 on October 13, 2026. Meanwhile, RBC Capital maintained a Sector Perform rating with a target of $115, down from $122, on October 9, 2026. UBS also kept a Neutral rating and adjusted its target to $116 from $125 on October 5, 2026. This mix of ratings indicates a nuanced view of PPG's market position.
How PPG Industries, Inc. Stock Has Traded
Currently, PPG's shares are trading above their 50-day moving average of $112.85 and are close to their 52-week high of $133.43. The stock's recent performance reflects investor confidence, especially as it trades significantly higher than its 52-week low of $93.39. This recent activity could be a sign of strong market sentiment leading up to the next earnings report.
$PPG price target
PPG Industries, Inc. daily closes and this analyst's $135 target. Not advice.
Recent Insider Activity
On June 30, 2026, several insiders at PPG Industries made notable purchases. Timothy Knavish, the Chairman and CEO, bought 31 shares at an average price of $121.29, totaling about $3,760. Juliane Hefel, Sr. VP of Industrial Coatings & Specialty Products, acquired 2 shares for approximately $243. Anne Foulkes, Sr. VP of Legal & Special Projects, bought 16 shares valued at around $1,941. Alisha Bellezza, Sr. VP of Automotive Coatings, also purchased 1 share for about $121. These insider transactions might suggest confidence in the company's prospects from its leadership.
What PPG Industries, Inc. Does
PPG Industries, Inc. manufactures and distributes paints, coatings, and specialty materials globally. It operates through three segments: Global Architectural Coatings, Performance Coatings, and Industrial Coatings. The company's diverse product range allows it to cater to various markets, from consumer retail to industrial manufacturing.
What's Ahead for PPG Industries, Inc.
Investors will be watching for PPG's upcoming earnings report scheduled for October 27, 2026. This report will provide further insights into the company’s financial health and market performance. Keep in mind that Mizuho's current rating reflects its confidence based on past performance, and the recent 13F filings may not represent current positions. As the market evolves, further updates from analysts will continue to shape the outlook for PPG.
Related Filing Alerts
Source: Mizuho's rating change on $PPG (Jul 1, 2026). Written by software, not financial advice. How we make alerts