Blurbs

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 TipRanks.com, 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.

See Insiders’ Hot Stocks on TipRanks >>

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.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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

Read More on OI:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos
Videos

Latest News Feed