<div id="readability-page-1"><p>O-I Glass, Inc. (NYSE:OI - Get Free Report) has earned an average recommendation of &#34;Hold&#34; from the eleven research firms that are  covering the stock, MarketBeat reports. One analyst  has rated the stock with a sell recommendation, five have issued  a hold recommendation, four have issued  a buy recommendation and one  has issued  a strong buy recommendation on  the company. The average 1 year price target among analysts that have covered the stock in the last year is $16.6667.</p><ul><li>Is Consumer Discretionary a Dead End? These 3 Stocks Say No</li></ul><p>A number of analysts have recently weighed in on OI shares. Weiss Ratings  reissued a &#34;sell (d-)&#34; rating on shares of O-I Glass in a research note on Wednesday, October 8th. Wall Street Zen raised shares of O-I Glass from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a research report on Saturday, November 8th. Wells Fargo &amp; Company raised their price target on shares of O-I Glass from $14.00 to $15.00 and gave the stock an &#34;equal weight&#34; rating in a report on Thursday, November 6th. Zacks Research cut shares of O-I Glass from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research report on Thursday, September 25th. Finally, Truist Financial dropped their target price on shares of O-I Glass from $21.00 to $17.00 and set a &#34;buy&#34; rating for the company in a report on Monday, October 13th.</p><p><b>Get Our Latest Stock Analysis on O-I Glass</b></p><h2>Hedge Funds Weigh In On O-I Glass</h2><ul><li>Chaos and Cash: Finding Opportunity in Volatility</li></ul><p>Hedge funds have recently made changes to their positions in the business. Teacher Retirement System of Texas purchased a new stake in  O-I Glass in the first quarter worth $259,000.  Cerity Partners LLC bought a new position in  O-I Glass in the 1st quarter worth $419,000.  CWM LLC lifted its position in shares of  O-I Glass by 623.9% in the 1st quarter. CWM LLC now owns 8,390 shares of the industrial products company's stock worth $96,000 after purchasing an additional 7,231 shares during the period.  Victory Capital Management Inc. boosted its stake in shares of  O-I Glass by 148.1% during the 1st quarter. Victory Capital Management Inc. now owns 345,667 shares of the industrial products company's stock valued at $3,965,000 after purchasing an additional 206,365 shares in the last quarter.  Finally, Allianz Asset Management GmbH boosted its stake in shares of  O-I Glass by 16.0% during the 1st quarter. Allianz Asset Management GmbH now owns 132,222 shares of the industrial products company's stock valued at $1,517,000 after purchasing an additional 18,268 shares in the last quarter. 97.24% of the stock is owned by hedge funds and other institutional investors. </p><h2>O-I Glass Stock Performance</h2><p>NYSE OI opened at $13.19 on Friday. The company has a 50-day simple moving average of $12.55 and a two-hundred day simple moving average of $13.33. O-I Glass has a 12-month low of $9.23 and a 12-month high of $16.04. The firm has a market cap of $2.03 billion, a price-to-earnings ratio of -7.99, a PEG ratio of 0.22 and a beta of 0.89. The company has a quick ratio of 0.77, a current ratio of 1.24 and a debt-to-equity ratio of 3.58. </p><p>O-I Glass (NYSE:OI - Get Free Report) last released its earnings results on Wednesday, March 1st. The industrial products company reported $0.36 earnings per share for the quarter. O-I Glass had a positive return on equity of 13.70% and a negative net margin of 3.95%.The company had revenue of $1.59 billion during the quarter.  On average, equities analysts forecast that  O-I Glass will post 1.33 EPS for the current year. </p><h2>About O-I Glass</h2> (Get Free Report)<p>O-I Glass, Inc, through its subsidiaries, engages in the manufacture and sale of glass containers to food and beverage manufacturers primarily in the Americas, Europe, and internationally. The company produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than O-I Glass</li><li>How to Invest in Tech Stocks and Top Tech Stocks to Consider</li><li>Meta’s Pain May Be Your Gain: Is This a Rare Buying Window?</li><li>How to Use Stock Screeners to Find Stocks</li><li>3 Under-the-Radar AI Stocks to Buy on the Dip</li><li>3 Must-Buy Warren Buffett Stocks for Volatile Times</li><li>Your Thanksgiving Playbook: 3 Stocks Set to Benefit From Football Fever</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU9J?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU9J"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in O-I Glass Right Now?</h2><p>Before you consider O-I Glass, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and O-I Glass wasn't on the list.</p><p>While O-I Glass currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>O-I Glass, Inc. (NYSE:OI) has received an average "Hold" rating from eleven research firms. Analysts have varied opinions, with one "sell," five "hold," four "buy," and one "strong buy" recommendations. The average price target is $16.67. Hedge funds have adjusted their positions, with significant investments from Teacher Retirement System of Texas and others. The stock opened at $13.19, with a market cap of $2.03 billion. O-I Glass manufactures glass containers for food and beverages globally.</p>

O-I Glass, Inc. (NYSE:OI) Receives Average Rating of "Hold" from Brokerages