O-I Glass – Consensus Indicates Potential 8.6% Upside

Broker Ratings

O-I Glass found using ticker (OI) have now 12 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 24 and 12 with the average target price sitting at 15.58. Now with the previous closing price of 14.34 this would imply there is a potential upside of 8.6%. The 50 day moving average now sits at 12.87 and the 200 moving average now moves to 13.39. The company has a market capitalisation of $2,187m. Visit the company website at: https://www.o-i.com

The potential market cap would be $2,376m based on the market concensus.

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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. In addition, 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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