FMP

FMP

PPG Industries (NYSE:PPG) Stock Update: UBS Maintains Neutral Rating

  • UBS maintains a Neutral rating on PPG Industries (NYSE:PPG) and lowers the price target from $125 to $115.
  • PPG's stock price slightly decreased to $104.11, showing a minor decline of -0.31%.
  • The company is set to announce its third-quarter 2025 financial results on October 28, which could impact its stock price and investor sentiment.

PPG Industries (NYSE:PPG) is a global supplier of paints, coatings, and specialty materials, operating in sectors such as automotive, aerospace, and industrial coatings. The company faces competition from industry giants like Sherwin-Williams and AkzoNobel. On October 6, 2025, UBS maintained a Neutral rating for PPG, advising investors to hold the stock. At that time, PPG's stock price was $104.4.

UBS also adjusted PPG's price target, lowering it from $125 to $115. This adjustment reflects UBS's cautious outlook on PPG's future performance. As of now, PPG's stock price is $104.11, showing a slight decrease of 0.32, or -0.31% in percentage terms. The stock has traded between $103.75 and $105.13 today.

PPG Industries is set to announce its third-quarter 2025 financial results on October 28. This announcement will provide insights into the company's recent performance, which could impact its stock price and investor sentiment. Over the past year, PPG's stock has reached a high of $132.18 and a low of $90.24, indicating some volatility.

The company's market capitalization is approximately $23.5 billion, reflecting its size and influence in the industry. Today's trading volume for PPG on the NYSE is 319,471 shares, suggesting moderate investor interest. Investors will be keen to see how PPG's financial results align with UBS's revised price target and Neutral rating.