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Analysts Conflicted on These Materials Names: PPG Industries (PPG) and JELD-WEN (JELD)

Analysts have been eager to weigh in on the Materials sector with new ratings on PPG Industries (PPGResearch Report) and JELD-WEN (JELDResearch Report).

PPG Industries (PPG)

Robert W. Baird analyst Ghansham Panjabi maintained a Buy rating on PPG Industries on August 31 and set a price target of $180.00. The company’s shares closed last Thursday at $124.54.

According to TipRanks.com, Panjabi is a 4-star analyst with an average return of 6.5% and a 55.7% success rate. Panjabi covers the Basic Materials sector, focusing on stocks such as Sherwin-Williams Company, Axalta Coating Systems, and H.B. Fuller Company.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PPG Industries with a $147.94 average price target.

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JELD-WEN (JELD)

In a report issued on August 31, Joshua Chan from Robert W. Baird maintained a Hold rating on JELD-WEN, with a price target of $15.00. The company’s shares closed last Thursday at $10.87.

According to TipRanks.com, Chan is ranked #5560 out of 7985 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for JELD-WEN with a $16.19 average price target, implying a 46.5% upside from current levels. In a report issued on August 17, Deutsche Bank also initiated coverage with a Hold rating on the stock with a $15.00 price target.

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