O-I Glass with ticker code (OI) now have 11 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 15 and 7 with a mean TP of 10.14. Given that the stocks previous close was at 9.08 this would indicate that there is a potential upside of 11.7%. The 50 day moving average now sits at 7.89 and the 200 day MA is 9.67. The market capitalisation for the company is $1,284m. You can visit the company’s website by visiting: 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. It produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine. The company is also involved in the production of glass packaging for various food items, soft drinks, tea, juices, and pharmaceuticals. It offers glass containers in a range of sizes, shapes, and colors. The company sells its products directly to customers under annual or multi-year supply agreements, as well as through distributors. O-I Glass was founded in 1903 and is headquartered in Perrysburg, Ohio.