
Owens-Illinois (OI) Stock Forecast & Price Target
Owens-Illinois (OI) Analyst Ratings
Bulls say
O-I Glass is facing challenges in the short-term due to pricing headwinds and raw material price inflation, but these issues are expected to lessen over time. The company's Fit to Win initiative and efforts to rationalize costs and consolidate production should improve asset utilization and productivity, leading to EBITDA and free cash flow acceleration. Additionally, their shift towards growing end-markets and mix diversification should drive sustained volume growth. As a result, we rate O-I Glass a "Buy" and remain confident in their execution and transformation into a leaner, more efficient company driving profitable growth.
Bears say
O-I Glass is facing significant pricing pressure in its European segment due to oversupply and higher energy costs. Additionally, the company has a lower-than-expected deleveraging rate, and its Fit to Win program may not be enough to offset volume and cost headwinds. Furthermore, O-I Glass has high leverage and variable rate debt, increasing its financial risk. These factors combined are likely to limit organic growth and could lead to a delay in the company's turnaround.
This aggregate rating is based on analysts' research of Owens-Illinois and is not a guaranteed prediction by Public.com or investment advice.
Owens-Illinois (OI) Analyst Forecast & Price Prediction
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