O-I Glass. with ticker code (OI) now have 10 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 28 and 13.8 calculating the mean target price we have $23.08. Given that the stocks previous close was at $22.32 this would imply there is now a potential upside of 3.4%. Also worth taking note is the 50 day moving average now sits at $22.06 while the 200 day moving average is $17.23. The market cap for the company is $3,396m. Find out more information at: https://www.o-i.com
The potential market cap would be $3,512m based on the market consensus.
O-I Glass., 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 beveragesluding 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 5.88, revenue per share of 44.14 and a 4.35% return on assets.
