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O-I Glass Inc has a consensus price target of $17.07 based on the ratings of 14 analysts. The high is $24 issued by Deutsche Bank on February 2, 2023. The low is $12 issued by Citigroup on July 8, 2024. The 3 most-recent analyst ratings were released by RBC Capital, Barclays, and Truist Securities on August 5, 2024, August 1, 2024, and August 1, 2024, respectively. With an average price target of $16 between RBC Capital, Barclays, and Truist Securities, there's an implied 25.20% upside for O-I Glass Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for O-I Glass (NYSE:OI) was reported by RBC Capital on August 5, 2024. The analyst firm set a price target for $18.00 expecting OI to rise to within 12 months (a possible 40.85% upside). 24 analyst firms have reported ratings in the last year.
The latest analyst rating for O-I Glass (NYSE:OI) was provided by RBC Capital, and O-I Glass maintained their outperform rating.
The last upgrade for O-I Glass Inc happened on October 11, 2023 when Barclays raised their price target to $18. Barclays previously had an underweight for O-I Glass Inc.
The last downgrade for O-I Glass Inc happened on April 19, 2024 when B of A Securities changed their price target from $21 to $16 for O-I Glass Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of O-I Glass, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for O-I Glass was filed on August 5, 2024 so you should expect the next rating to be made available sometime around August 5, 2025.
While ratings are subjective and will change, the latest O-I Glass (OI) rating was a maintained with a price target of $20.00 to $18.00. The current price O-I Glass (OI) is trading at is $12.78, which is out of the analyst’s predicted range.
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