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Owens-Illinois (NYSE:OI) target price raised to $18.00, released a report earlier today by RBC Capital

Indicating a possible downside of -0.01%, RBC Capital raised the target of Owens-Illinois (NYSE:OI) to $18.00

Boasting a price of $18.26, Owens-Illinois (NYSE:OI) traded -1.67% lower on the day. With the last stock price close up 1.44% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Owens-Illinois has recorded a 50-day average of $18.07 and a two hundred day average of $18.00. Volume of trade was up over the average, with 2,501,980 shares of OI changing hands over the typical 1,489,090

Recent Performance Chart

Owens-Illinois (NYSE:OI)

Owens-Illinois has PE ratio of 15.23 with a one year low of $11.58 and a one year high of $24.05 and has a market capitalization of $0.

A total of 11 brokerages have released a report on Owens-Illinois. Two brokerages rating the company a strong buy, two brokerages rating the company a buy, nine brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $20.45.

General Company Details For Owens-Illinois (NYSE:OI)

Owens-Illinois, Inc. is engaged in the manufacturing of glass containers. The Company's principal product lines are glass containers for the food and beverage industries. Its segments include Europe, North America, Latin America and Asia Pacific. It produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits and wine. It also produces glass packaging for a range of food items, soft drinks, teas, juices and pharmaceuticals. The Europe segment produces glass containers for the beer, wine, champagne, spirits and food markets. The North America segment has over 20 glass container manufacturing plants and over one distribution facility in the United States and Canada. The Latin America segment produces glass containers for beer, non-alcoholic beverages, spirits, flavored malt beverages, wine, food and pharmaceutical markets. The Asia Pacific segment primarily produces glass containers for the beer, wine, food and non-alcoholic beverage markets.

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