O-I Glass (NYSE:OI) Price Target Lowered to $18.00 at Royal Bank Of Canada

O-I Glass (NYSE:OI) had its price target lowered by Royal Bank Of Canada from $19.00 to $18.00 in a research report report published on Thursday,Benzinga reports. The brokerage currently has an outperform rating on the industrial products company’s stock.

Other analysts also recently issued reports about the stock. Citigroup dropped their price target on shares of O-I Glass from $17.00 to $16.00 and set a “neutral” rating on the stock in a research report on Thursday, February 12th. Wall Street Zen downgraded O-I Glass from a “strong-buy” rating to a “buy” rating in a research report on Sunday, February 15th. Bank of America upgraded O-I Glass from a “neutral” rating to a “buy” rating and lifted their price target for the company from $14.00 to $17.00 in a research report on Monday, November 17th. Weiss Ratings reissued a “sell (d-)” rating on shares of O-I Glass in a research note on Thursday, January 22nd. Finally, Zacks Research cut O-I Glass from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $18.11.

O-I Glass Stock Up 1.9%

Shares of O-I Glass stock opened at $13.12 on Thursday. The stock has a market capitalization of $2.00 billion, a price-to-earnings ratio of -15.62, a PEG ratio of 0.58 and a beta of 0.78. O-I Glass has a twelve month low of $9.23 and a twelve month high of $16.91. The company has a current ratio of 1.25, a quick ratio of 0.77 and a debt-to-equity ratio of 3.35. The business’s 50 day simple moving average is $15.24 and its 200-day simple moving average is $13.78.

O-I Glass (NYSE:OI) last released its quarterly earnings data on Tuesday, February 10th. The industrial products company reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.01. The business had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.52 billion. O-I Glass had a positive return on equity of 18.07% and a negative net margin of 2.01%.The business’s revenue for the quarter was down 1.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.05) EPS. Equities research analysts forecast that O-I Glass will post 1.33 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in OI. Alliancebernstein L.P. raised its position in O-I Glass by 194.6% during the second quarter. Alliancebernstein L.P. now owns 7,939,841 shares of the industrial products company’s stock valued at $117,033,000 after acquiring an additional 5,244,440 shares in the last quarter. Wellington Management Group LLP bought a new position in shares of O-I Glass during the 4th quarter valued at $40,090,000. Arrowstreet Capital Limited Partnership raised its holdings in shares of O-I Glass by 288.7% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,215,632 shares of the industrial products company’s stock valued at $47,463,000 after purchasing an additional 2,388,299 shares in the last quarter. Brandywine Global Investment Management LLC acquired a new stake in shares of O-I Glass in the 4th quarter valued at $25,064,000. Finally, Bank of America Corp DE boosted its holdings in O-I Glass by 222.6% in the second quarter. Bank of America Corp DE now owns 2,206,251 shares of the industrial products company’s stock worth $32,520,000 after purchasing an additional 1,522,384 shares in the last quarter. 97.24% of the stock is owned by hedge funds and other institutional investors.

O-I Glass News Roundup

Here are the key news stories impacting O-I Glass this week:

• Positive Sentiment: RBC maintained an “Outperform” stance and still has a multi-dollar upside price target (lowered from $19 to $18), signaling continued conviction in O-I’s recovery potential. RBC target cut report
• Positive Sentiment: Zacks’ medium- to longer-term model shows some upgrades (raises to certain 2026/2027/2028 quarter and year estimates), indicating analysts see improving earnings power further out even as near-term figures slip.
• Neutral Sentiment: O-I presented at the BofA Global Agriculture & Materials Conference (CFO John Haudrich). Management reiterated plans for competitiveness, cost transformation and profitable growth — useful for assessing strategy execution but not immediately market-moving. Conference notice
• Neutral Sentiment: Transcript and slide deck from the BofA presentation are available for deeper review of management commentary and guidance assumptions. Useful for investors wanting management color. Conference transcript/slideshow
• Negative Sentiment: News outlets flagged Q1 EPS pressure and near-term earnings risk after recent updates — headlines say shares fell/gapped down on these concerns, increasing short-term volatility. MarketWatch: EPS pressure
• Negative Sentiment: Zacks substantially cut near-term quarterly estimates (notably Q1 2027 and earlier-period estimates) and trimmed FY2026/FY2027 outlooks in places — this reduces near-term earnings visibility and likely weighed on the stock.
• Negative Sentiment: Aggregated market headlines reported a gap-down and slide after the analyst moves and guidance concerns, reflecting how headlines and estimate revisions can drive intraday selling pressure. Kalkine: gap down Kalkine: RBC reaction

O-I Glass Company Profile

O-I Glass, Inc is a leading global manufacturer of glass containers, supplying the food and beverage, wine and spirits, pharmaceutical, cosmetic and personal care industries. Headquartered in Perrysburg, Ohio, the company produces a broad range of glass packaging solutions, including bottles and jars, designed to meet customer specifications for size, shape, color and performance. O-I leverages proprietary technologies in forming, decoration and quality control to serve both mass-market and premium brands.

Tracing its origins to the early 20th century through the merger of prominent regional glassmakers, the company adopted the Owens-Illinois name in 1929 before rebranding as O-I Glass in 2015.