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

O-I Glass (NYSE:OI) had its price target decreased by investment analysts at Royal Bank Of Canada from $19.00 to $18.00 in a report issued on Thursday,Benzinga reports. The firm presently has an “outperform” rating on the industrial products company’s stock. Royal Bank Of Canada’s target price indicates a potential upside of 42.27% from the company’s previous close.

A number of other research firms also recently issued reports on OI. Robert W. Baird set a $20.00 price target on shares of O-I Glass in a research note on Thursday, February 12th. Citigroup decreased their target price on O-I Glass from $17.00 to $16.00 and set a “neutral” rating for the company in a research report on Thursday, February 12th. Weiss Ratings restated a “sell (d-)” rating on shares of O-I Glass in a research note on Thursday, January 22nd. Wells Fargo & Company upgraded O-I Glass from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $15.00 to $18.00 in a research report on Tuesday, January 6th. Finally, Wall Street Zen downgraded O-I Glass from a “strong-buy” rating to a “buy” rating in a report on Sunday, February 15th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, O-I Glass presently has an average rating of “Moderate Buy” and a consensus target price of $18.11.

O-I Glass Trading Down 1.8%

Shares of O-I Glass stock traded down $0.23 during trading on Thursday, reaching $12.65. 693,274 shares of the stock were exchanged, compared to its average volume of 1,814,558. The company has a quick ratio of 0.77, a current ratio of 1.25 and a debt-to-equity ratio of 3.35. The firm has a market cap of $1.93 billion, a price-to-earnings ratio of -15.15, a price-to-earnings-growth ratio of 0.67 and a beta of 0.78. O-I Glass has a 1 year low of $9.23 and a 1 year high of $16.91. The stock’s fifty day moving average is $15.27 and its 200 day moving average is $13.79.

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

Institutional Trading of O-I Glass

Several institutional investors have recently added to or reduced their stakes in OI. Villanova Investment Management Co LLC lifted its holdings in shares of O-I Glass by 14.2% during the fourth quarter. Villanova Investment Management Co LLC now owns 190,329 shares of the industrial products company’s stock valued at $2,809,000 after purchasing an additional 23,716 shares in the last quarter. Virtu Financial LLC bought a new position in O-I Glass during the 4th quarter valued at about $228,000. Invesco Ltd. boosted its holdings in shares of O-I Glass by 18.7% during the 4th quarter. Invesco Ltd. now owns 1,269,236 shares of the industrial products company’s stock valued at $18,734,000 after acquiring an additional 199,938 shares during the last quarter. Corient Private Wealth LLC grew its stake in shares of O-I Glass by 6.0% in the fourth quarter. Corient Private Wealth LLC now owns 18,694 shares of the industrial products company’s stock worth $277,000 after acquiring an additional 1,062 shares during the period. Finally, XTX Topco Ltd raised its holdings in shares of O-I Glass by 22.5% during the fourth quarter. XTX Topco Ltd now owns 24,095 shares of the industrial products company’s stock valued at $356,000 after purchasing an additional 4,425 shares during the last quarter. 97.24% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting O-I Glass

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

• Positive Sentiment: Zacks raised a few mid/ and longer‑term quarter estimates (Q3 2026 to $0.62 from $0.60; Q3 2027 to $0.68; Q4 2027 to $0.49 and FY2028 to $2.66), signaling stronger expected earnings further out, which could support the stock over time.
• Positive Sentiment: O‑I presented at the BofA Securities 2026 Global Agriculture & Materials Conference; CFO John Haudrich outlined a strategy focused on competitiveness, disciplined cost transformation and profitable growth — management messaging that can reassure investors about execution. O-I to Present at BofA Securities 2026 Global Agriculture and Materials Conference
• Neutral Sentiment: Seeking Alpha posted the presentation transcript and slideshow — useful for digging into management commentary and questions but no immediate new guidance. Presentation Transcript Slideshow
• Negative Sentiment: Zacks cut several near‑term EPS forecasts: Q1 2026 to $0.26 from $0.43 and Q1 2027 to $0.46 from $0.61 — sizable downward revisions that imply weaker near‑term earnings momentum and are the primary driver of the share weakness.
• Negative Sentiment: Zacks lowered Q4 2026 to $0.32 (from $0.37) and trimmed FY2026 to $1.76 (from $1.94); they also cut FY2027 to $2.24 (from $2.35) and reduced Q2 2027 slightly to $0.62 — the aggregate downgrades raise concerns about near‑term margins and growth pacing.

About O-I Glass

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.