O-I Glass, Inc. found using ticker (OI) now have 10 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 34 and 18 and has a mean target at 24.8. Now with the previous closing price of 22.3 this is indicating there is a potential upside of 11.2%. There is a 50 day moving average of 19.84 and the 200 day moving average is 16.08. The company has a market capitalisation of $3,589m. You can visit the company’s website by visiting: https://www.o-i.com
The potential market cap would be $3,991m based on the market concensus.
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.
