EQTY's Underlying Holdings Could Mean 10% Gain Potential
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
Kovitz Core Equity ETF Analysis: The Kovitz Core Equity ETF (EQTY) has an implied analyst target price of $28.13 per unit, indicating a potential upside of 10.10% from its current trading price of $25.55.
Notable Holdings and Analyst Targets: Key holdings like Fiserv Inc, Analog Devices Inc, and PPG Industries Inc show significant upside potential based on analyst targets, raising questions about the accuracy and optimism of these projections.
Analyst Views on PPG
Wall Street analysts forecast PPG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PPG is 116.92 USD with a low forecast of 109.00 USD and a high forecast of 130.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
6 Buy
7 Hold
0 Sell
Moderate Buy
Current: 113.910
Low
109.00
Averages
116.92
High
130.00
Current: 113.910
Low
109.00
Averages
116.92
High
130.00
About PPG
PPG Industries, Inc. manufactures and distributes a broad range of paints, coatings and specialty products. Its segments include Global Architectural Coatings, Performance Coatings and Industrial Coatings. The Global Architectural Coatings segment consists of architectural coatings EMEA and architectural coatings Latin America and Asia Pacific operating segments. This segment primarily supplies paints, wood stains, adhesives, sealants and purchased sundries. The Performance Coatings segment consists of automotive refinish coatings, aerospace coatings, protective and marine coatings and traffic solutions operating segments. This segment primarily supplies a variety of coatings, solvents, adhesives, sealants, foams and finishes, along with pavement marking products, transparencies and paint films. The Industrial Coatings segment supplies a variety of protective and decorative coatings and finishes along with adhesives, sealants, metal pretreatment products, and other specialty products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
