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 target price High/Low ranges between 34 and 18 and has a mean target at $24.80. Given that the stocks previous close was at $21.20 this indicates there is a potential upside of 17.0%. The 50 day MA is $21.24 and the 200 day MA is $16.61. The market cap for the company is $3,353m. Company Website: https://www.o-i.com
The potential market cap would be $3,922m 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.
Other points of data to note are a P/E ratio of 5.81, revenue per share of 44.14 and a 4.35% return on assets.
