RBC Capital Maintains Their Hold Rating on O-I Glass (OI)

RBC Capital analyst Arun Viswanathan maintained a Hold rating on O-I Glass (OIResearch Report) today and set a price target of $16.00. The company’s shares closed last Tuesday at $16.97.

According to, Viswanathan is a 5-star analyst with an average return of 8.0% and a 60.8% success rate. Viswanathan covers the Basic Materials sector, focusing on stocks such as Sherwin-Williams Company, Axalta Coating Systems, and Ardagh Metal Packaging.

O-I Glass has an analyst consensus of Hold, with a price target consensus of $16.29.

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Based on O-I Glass’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.69 billion and net profit of $88 million. In comparison, last year the company earned revenue of $1.5 billion and had a GAAP net loss of $97 million.

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O-I Glass, Inc. manufactures glass products. The firm offers products to the food and beverage sectors. The company is headquartered in Perrysburg, OH.

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