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ValuEngine upgraded Owens-Illinois Inc (NYSE:OI) to Strong-Buy in a statement released earlier today.

Having a price of $23.65, Owens-Illinois Inc (NYSE:OI) traded 0.00% even on the day. With the last close up 8.05% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.05% over the same period. OI has recorded a 50-day average of $24.14 and a two hundred day average of $21.70. Trading volume was down over the average, with 883,660 shares of OI changing hands under the typical 1,135,160

ValuEngine has upgraded Owens-Illinois Inc (NYSE:OI) to Strong-Buy in a statement released on 7/6/2017.

Recent Performance Chart

Owens-Illinois Inc (NYSE:OI)

Owens-Illinois Inc has 52 week low of $16.80 and a 52 week high of $25.02 with a PE ratio of 16.99 and has a market capitalization of $0.

In addition to ValuEngine reporting its target price, a total of 11 firms have reported on the stock. The consensus target price is $20.45 with 2 firms rating the stock a strong buy, 2 firms rating the stock a buy, 9 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Owens-Illinois Inc (NYSE:OI)

Owens-Illinois, Inc. is a manufacturer of glass container products. The Company's principal product lines are glass containers for the food and beverage industries. The Company's segments include Europe, North America, Latin America and Asia Pacific. The Company produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits and wine. The Company also produces glass packaging for a range of food items, soft drinks, teas, juices and pharmaceuticals. The Company manufactures glass containers in a range of sizes, shapes and colors. The Company also provides engineering support for its glass manufacturing operations through facilities located in the United States, Australia, France, Poland, Colombia and Peru. As of December 31, 2016, the Company had 79 glass manufacturing plants in 23 countries. The Company has a distribution facility used to import glass containers from its business in Mexico.

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