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O-I Glass Inc has a consensus price target of $17.36 based on the ratings of 11 analysts. The high is $24 issued by Deutsche Bank on February 2, 2023. The low is $13 issued by Barclays on October 31, 2024. The 3 most-recent analyst ratings were released by RBC Capital, Barclays, and B of A Securities on November 1, 2024, October 31, 2024, and October 17, 2024, respectively. With an average price target of $15 between RBC Capital, Barclays, and B of A Securities, there's an implied 49.39% 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 November 1, 2024. The analyst firm set a price target for $16.00 expecting OI to rise to within 12 months (a possible 59.35% upside). 22 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 17, 2024 when B of A Securities raised their price target to $16. B of A Securities previously had a neutral 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 November 1, 2024 so you should expect the next rating to be made available sometime around November 1, 2025.
While ratings are subjective and will change, the latest O-I Glass (OI) rating was a maintained with a price target of $18.00 to $16.00. The current price O-I Glass (OI) is trading at is $10.04, which is out of the analyst’s predicted range.
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