O-I Glass – Consensus Indicates Potential -12.0% Downside

Broker Ratings

O-I Glass found using ticker (OI) have now 10 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 24 and 14 calculating the mean target price we have 17. Now with the previous closing price of 19.31 this indicates there is a potential downside of -12.0%. The 50 day moving average now sits at 17.1 and the 200 day moving average is 13.82. The company has a market cap of $3,026m. Visit the company website at: http://www.o-i.com

O-I Glass, through its subsidiaries, manufactures and sells glass containers to food and beverage manufacturers primarily in the Americas, Europe, and the Asia Pacific. The company produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine. It is also involved in the production of glass packaging for various food items, soft drinks, tea, juices, and pharmaceuticals. The company offers glass containers in a range of sizes, shapes, and colors. It sells its products directly to customers under annual or multi-year supply agreements, as well as through distributors. The company was founded in 1903 and is headquartered in Perrysburg, Ohio.

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