Analysts have been eager to weigh in on the Materials sector with new ratings on Dow Inc (DOW – Research Report), Corning (GLW – Research Report) and PPG Industries (PPG – Research Report).
Corning (GLW)
In a report released yesterday, Tim Long from Barclays maintained a Hold rating on Corning, with a price target of $28.00. The company’s shares closed last Monday at $31.15.
According to TipRanks.com, Long is a 5-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Corning with a $32.00 average price target.
PPG Industries (PPG)
In a report released yesterday, Michael Leithead from Barclays maintained a Buy rating on PPG Industries, with a price target of $163.00. The company’s shares closed last Monday at $142.86.
According to TipRanks.com, Leithead is a 4-star analyst with an average return of
PPG Industries has an analyst consensus of Strong Buy, with a price target consensus of $163.50, implying a 14.4% upside from current levels. In a report issued on January 18, Mizuho Securities also maintained a Buy rating on the stock with a $175.00 price target.
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