RBC Capital Bullish on PPG Industries (PPG) – Raises Price Target

PPG Industries, Inc. (NYSE:PPG) is one of the 10 High Growth Chemical Stocks to Buy.

On April 16, 2026, PPG Industries, Inc. (NYSE:PPG) saw its price target from RBC Capital raised from $114 to $119. The firm’s analyst kept a Sector Perform rating on the stock. The firm highlighted the company’s strong first-quarter results and Q2 guidance. However, the firm warns of looming Iran-related headwinds starting next quarter. Given PPG Industries, Inc. (NYSE:PPG)’s signal for further price hikes, the firm cautions that rising raw material costs and geopolitical disruptions could impact performance more deeply than expected at present.

In another development, on April 14, 2026, PPG Industries, Inc. (NYSE:PPG) announced that it had completed the acquisition of Ozark Materials, an American pavement-marking solutions company, from Ingevity Corporation. This $65 million all-cash acquisition is anticipated to strengthen the company’s high-quality pavement marking solutions business. Tom Maziarz, vice president, Traffic Solutions, gave the following statement.

This acquisition strengthens our business by enhancing our ability to serve customers throughout North America with high-quality pavement marking solutions.

Founded in 1883, PPG Industries, Inc. (NYSE:PPG) is a global leader in paints, coatings, and specialty materials. Based in Pennsylvania, the company serves customers in construction, consumer products, industrial, and transportation markets.

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