KeyBanc Maintains a Sell Rating on Owens-Illinois (OI)
In a report released today, Adam Josephson from KeyBanc maintained a Sell rating on Owens-Illinois (OI), with a price target of $11.50. The company’s shares closed last Monday at $14.86.
According to TipRanks.com, Josephson is a 4-star analyst with an average return of 6.6% and a 62.2% 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 Owens-Illinois is a Moderate Buy with an average price target of $13.79.
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The company has a one-year high of $20.78 and a one-year low of $8.26. Currently, Owens-Illinois has an average volume of 1.95M.
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O-I Glass, Inc. manufactures glass products. It offers products to the food and beverage sectors. The company is headquartered in Perrysburg, OH.