O-I Glass – Consensus Indicates Potential 18.1% Upside

Broker Ratings

O-I Glass with ticker code (OI) have now 11 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 24 and 13 with the average target price sitting at 17.45. With the stocks previous close at 14.78 this would imply there is a potential upside of 18.1%. The 50 day MA is 14.9 while the 200 day moving average is 15.47. The market cap for the company is $2,270m. Company Website: 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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