Barclays targets USD 136.00 for PPG Industries stock
Published on 10/17/2026 at 19:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCoverage and earnings calendar
- Barclays began coverage with a USD 136.00 target on October 13, 2026.
- Second-quarter revenue rose 7.20 percent to USD 4.50 billion.
- PPG Industries stock was last at USD 107.34 on October 16, 2026 at 3:59 p.m. ET, down 0.44 percent versus the NYSE prior close of USD 107.81.
- PPG plans to release third-quarter results on October 27, 2026.
Barclays began coverage of PPG Industries with an overweight rating and a USD 136.00 price target, according to MarketBeat on October 13, 2026. The target stands 26.70 percent above PPG's latest NYSE price of USD 107.34. PPG Industries stock was last at USD 107.34 on October 16, 2026 at 3:59 p.m. ET, down 0.44 percent versus the NYSE prior close of USD 107.81.
Second-quarter sales rose 7.20 percent
PPG's second-quarter 2026 revenue increased 7.20 percent year over year to USD 4.50 billion, while adjusted earnings per share came to USD 2.23, USD 0.02 below consensus. MarketBeat reported the figures on October 15, 2026, citing the results released for the quarter ended June 30, 2026. Revenue growth therefore outpaced earnings per share, a distinction that matters ahead of the next report.
Price sits inside the yearly range
At USD 107.34 on October 16, 2026, PPG was 14.94 percent above its USD 93.39 52-week low and 19.56 percent below its USD 133.43 52-week high. Trading volume was 3,865,241 shares against an average volume of 1,676,050 shares for the same market snapshot.
Valuation and the next report
PPG had a market capitalization of USD 23.9 billion, a price-to-earnings ratio of 15.38 and a dividend yield of 3.00 percent as of October 17, 2026. The company is scheduled to release third-quarter 2026 results on October 27, 2026, followed by its earnings call on October 28, according to PPG.
Comparison with peers
PPG Industries: minus 0.44 percent, P/E 15.38, market capitalization USD 23.9 billion
The Sherwin-Williams Company (NYSE, USD): minus 0.51 percent, P/E 30.89, market capitalization USD 81.4 billion
RPM International (NYSE, USD): minus 0.36 percent, P/E 18.43, market capitalization USD 12.7 billion
Results set the next marker
PPG's target distance is wider than its one-session decline, while the October 27 reporting date gives investors the next dated test for revenue conversion and earnings per share.
PPG Industries at a glance
- Company: PPG Industries, Inc.
- ISIN: US6935061076
- Ticker: PPG
- Primary exchange: NYSE
- Latest NYSE price: USD 107.34 on October 16, 2026 at 3:59 p.m. ET
- Change versus prior close: minus 0.44 percent
- Market capitalization: USD 23.9 billion (as of October 17, 2026)
- 52-week range: USD 93.39-133.43 (as of October 16, 2026)
- Sector / Industry: Basic Materials / Specialty Chemicals
- Next earnings date: October 27, 2026
Market context: Market report S&P 500.
