O-I Glass, Inc. – Consensus Indicates Potential 9.2% Upside

Broker Ratings

O-I Glass, Inc. with ticker code (OI) have now 10 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 34 and 18 with the average target price sitting at 24.8. Now with the previous closing price of 22.71 this would imply there is a potential upside of 9.2%. There is a 50 day moving average of 20.45 while the 200 day moving average is 16.3. The market cap for the company is $3,390m. Visit the company website at: https://www.o-i.com

The potential market cap would be $3,702m based on the market concensus.

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O-I Glass, Inc., through its subsidiaries, engages in the manufacture and sale of glass containers to food and beverage manufacturers primarily in the Americas, Europe, and internationally. 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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