O-I Glass with ticker code (OI) have now 13 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 24 and 12.5 with the average target price sitting at 16.27. Now with the previous closing price of 13.94 this would imply there is a potential upside of 16.7%. The 50 day MA is 12.77 and the 200 day MA is 14.58. The market cap for the company is $2,171m. Visit the company website at: https://www.o-i.com
The potential market cap would be $2,534m based on the market concensus.
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.
