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Loop Capital Markets Sticks to Its Hold Rating for O-I Glass (OI)
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Loop Capital Markets Sticks to Its Hold Rating for O-I Glass (OI)

In a report released today, Alton Stump from Loop Capital Markets maintained a Hold rating on O-I Glass (OIResearch Report), with a price target of $14.00. The company’s shares closed yesterday at $12.58.

Stump covers the Consumer Cyclical sector, focusing on stocks such as Jack In The Box, Domino’s Pizza, and Papa John’s International. According to TipRanks, Stump has an average return of 4.0% and a 52.88% success rate on recommended stocks.

In addition to Loop Capital Markets, O-I Glass also received a Hold from Bank of America Securities’s George Staphos in a report issued yesterday. However, today, Wells Fargo assigned a Buy rating to O-I Glass (NYSE: OI).

OI market cap is currently $1.93B and has a P/E ratio of -7.93.

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O-I Glass (OI) Company Description:

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

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