Key Stats for PPG Industries Stock
- Price change for PPG Industries stock 2%
- $PPG Share Price as of Apr. 17: $115
- 52-Week High: $133
- $PPG Stock Price Target: $122
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What Happened?
PPG Industries (PPG) stock is moving higher after the paint and coatings giant announced price increases of up to 20% across its entire product portfolio. The company cited rising costs for raw materials, energy, logistics, and packaging as the reason behind the move.
- CEO Tim Knavish put it plainly: the price hikes are needed to keep supply flowing to customers as costs continue to climb.
- PPG said certain product…
