O-I Glass – Consensus Indicates Potential 19.5% Upside

Broker Ratings
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O-I Glass found using ticker (OI) have now 12 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 24 and 12 and has a mean target at 15.83. Now with the previous closing price of 13.25 this now indicates there is a potential upside of 19.5%. There is a 50 day moving average of 14.57 and the 200 moving average now moves to 13.33. The market capitalisation for the company is $2,078m. Find out more information at: https://www.o-i.com

The potential market cap would be $2,482m 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.

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