In a report released today, Anthony Pettinari from Citigroup maintained a Buy rating on Owens-Illinois (NYSE: OI), with a price target of $25. The company’s shares closed yesterday at $17.10, close to its 52-week low of $16.22.
Pettinari has an average return of 8.8% when recommending Owens-Illinois.
According to TipRanks.com, Pettinari is ranked #800 out of 4836 analysts.
Owens-Illinois has an analyst consensus of Moderate Buy, with a price target consensus of $25.20.
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Owens-Illinois’ market cap is currently $2.77B and has a P/E ratio of 12.36. The company has a Price to Book ratio of 2.80.
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Owens-Illinois, Inc. engages in the manufacture and supply of glass containers for beverages. It provides glass packaging for food items such as soft drinks, teas, juices, and pharmaceuticals. It operates through the following geographical segments: Europe, North America, Latin America, and Asia Pacific.
