KeyBanc Keeps a Sell Rating on O-I Glass (OI)


KeyBanc analyst Adam Josephson maintained a Sell rating on O-I Glass (OI) today and set a price target of $4.75. The company’s shares closed last Monday at $5.39, close to its 52-week low of $5.25.

According to TipRanks.com, Josephson is a 5-star analyst with an average return of 15.1% and a 75.8% success rate. Josephson covers the Consumer Goods sector, focusing on stocks such as International Paper Co, Berry Global Group, and Graphic Packaging.

Currently, the analyst consensus on O-I Glass is a Hold with an average price target of $13.39.

See today’s analyst top recommended stocks >>

Based on O-I Glass’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.63 billion and net profit of $31 million. In comparison, last year the company earned revenue of $1.64 billion and had a GAAP net loss of $10 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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts