O-I Glass, Inc. which can be found using ticker (OI) now have 10 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 37 and 18 suggesting an average Analsyt target price of $26.40. Now with the previous closing price of $21.14 and the analysts are correct then there would likely be a percentage uptick in value of 24.9%. It’s also worth noting that there is a 50 day moving average of $22.02 while the 200 day moving average is $17.44. The total market capitalization for the company now stands at $3,517m. Visit the company website at: https://www.o-i.com
The potential market cap would be $4,392m based on the market consensus.
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.
The company is not paying dividends at this time.
