O-I Glass found using ticker (OI) now have 13 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 24 and 12.5 with a mean TP of 16.27. With the stocks previous close at 13.15 this now indicates there is a potential upside of 23.7%. The day 50 moving average is 13.09 and the 200 day moving average is 14.01. The market cap for the company is $1,989m. Find out more information at: https://www.o-i.com
The potential market cap would be $2,461m 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, luding 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.
