O-I earns BB credit rating

  Company news

O-I has received a “BB” credit rating from analysts, which suggests that the company is an above-average default risk. The analysts also gave the stock a four star rating. O-I last released its earnings data on 2 February, reporting USD 0.46 earnings per share (EPS) for the quarter, meeting the consensus estimate.

Bonds2
O-I has received a BB credit rating
Owens-Illinois (O-I) has received a “BB” credit rating from analysts at Morningstar. The investment research firm’s “BB” rating suggests that the company is an above-average default risk. They also gave the stock a four star rating.
A number of other analysts have also recently weighed in on O-I. Analysts at Citigroup Inc. reiterated a “hold” rating and set a USD 27.00 price target (up previously from USD 26.00) on shares of O-I in a research note on 11 February. Analysts at Barclays lowered their price target on shares of O-I from USD 25.00 to USD 24.00 and set an “equal weight” rating on the stock in a research note on 20 January. Analysts at Bank of America lowered their price target on shares of O-I from USD 27.00 to USD 26.00 and set an “underperform” rating on the stock in a research note on 9 December.
Finally, analysts at BMO Capital Markets downgraded shares of O-I from an “outperform” rating to a “market perform” rating in a research note on 20 November. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “hold” and a consensus target price of USD 29.67.
O-I opened at 26.36 on 17 February. O-I has a one year low of USD 22.65 and a one year high of USD 35.18. The stock’s 50-day moving average is USD 24.85 and its 200-day moving average is USD 26.93. The company has a m...


expand

Channel: Company news

1.924 Total news items for this channel since 1996
Next »
Page  1 2 3 4 5 6 7 8 9 10... Last of 46 
latest Order by:

GlassOnline News by Channel

Slidergallery2

2016-09-22
Crystal Window & Door Systems has been expanding production at its Chicago manufacturing facility over the past few ...

AluFoldDirecthasbeenshortlistedfortheG16AwardforTrainingandDevelopment

2016-09-20
AluFoldDirect is a finalist for the G16 Award in the Training & Development Initiative of the Year category. It is the...

2016-09-19
Nikolaus SORG GmbH & Co. KG is implementing a new corporate design. Aspects of this were already visible in 2016 glass...

2016-09-19
Nihon Yamamura Glass Co., Ltd., a Japanese manufacturer and seller of glass bottles and plastic containers, has agreed...

SailerSchramlweb

2016-09-16
LiSEC, the world market leader for plants and software for the processing of flat glass, has taken over one hundred...

SKSLOGO01RGB

2016-09-15
Dr. Steiner is the new managing director of SORG Keramik Services GmbH.

20151129014048HILogoFarbe

2016-09-15
Heye International is inviting customers to take part in their latest customer satisfaction survey.

20151028095253140526psgwebsitelindebmsliderlogo41036x824

2016-09-15
The CFO of Linde AG, Georg Denoke has left the management board of Linde AG after the firm's failed merger talks with...

Solariabipvsolarglass

2016-09-14
NSG Group, the owner of the Pilkington brand, and one of the world’s largest glass producers, and Solaria, specialists i...

PanowitzScheidl0040web

2016-09-14
LiSEC, the world market leader for plants and software for the processing of flat glass, has taken over one hundred...

Gerresheimerlogo

2016-09-13
In line with its strategy of focusing on packaging and device solutions for pharmaceutical customers, Gerresheimer...

EDGSheikZayedGrmosque02

2016-09-13
In 2011 Edgetech Europe GmbH opened its production facility in Heinsberg. The flexible, foam-based Super...

Mainax1009P2a40pax1

2016-09-13
China’s largest glass manufacturer Kibing is planning to increase its investment in Malaysia by 100% to US$400mil (...

OwensIllinoislogo

2016-09-12
Owens-Illinois, Inc. will participate in the Credit Suisse Basic Materials Conference on Thursday, September 15, 2016,...

BreezwayImage3

2016-09-07
louvre window systems based in Brisbane, Australia. Terms of the deal were not disclosed.

Wenning

2016-09-07
Grenzebach Maschinenbau has appointed former Managing Director of EME, Egbert Wenninger as its chief sales officer.

Guardianlogo

2016-09-06
On August 1, 2016, Guardian Industries Corp. and its Spanish subsidiary Guardian Industries Navarra SL ("Guardian")...

FerroLogo

2016-09-06
Ferro Corporation has announced corporate appointments and management changes to facilitate the Company's ongoing...

SaintGobaincontractsigningnames

2016-09-02
HyGear has signed a long term contract with Saint-Gobain (SGO.PA), one of the world’s largest manufacturers of flat g...

2016-09-02
From January to June 2016 the industrial site of JSC Plant Screen (RATM Holding asset) produced 71,818 tons of glass -...

WausauTrainingLab052web

2016-09-01
Wausau Window and Wall Systems celebrated the opening of its new production training laboratory on Aug. 23, 2016.

2016-08-25
BERLI JUCKER is set to invest Bt2 billion in the construction of a new furnace with a production capacity of 300 tonnes...

Guardianlogo

2016-08-23
Guardian Industries' float glass plant was seized by the the government of Venezuela in July, and, according to...

Acquisition

2016-08-23
BDF Industries has officially appointed Redfoot Enterprises as local representative company for South African markets.

Floatglass

2016-08-22
A recent announcement from Quanex Building Products informs about the expansion of its production unit for IG systems...

2016011708134020151215102257Unknownj1jj.

2016-08-22
Borosil Glass Works is purchasing land adjacent to the factory/office of its subsidiary Hopewell Tableware.

2016-08-10
IIWS, Inc. has agreed in principle to acquire 100% of the company and has changed the name to OcuGlass, LLC effective...

SikaLogo

2016-08-09
A Swiss court says it expects to rule later this year on efforts by Sika's controlling shareholder the Burkard-Schenker...

Gorillaglasstop

2016-08-09
Corning Inc. is planning to expand its Gorilla Glass in India in synchronization with smartphone penetration.

Guardianlogo

2016-08-08
Secretary of production and development for Venezuela’s Monagas state, Jesus Gonzalez, has announced that Guardian’s flo...

India

2016-08-08
Chinese company Globallink Glass Technology and Equipment and Pakistani company Balochistan Glass Limited on Thursday...

2016-08-05
Franklin Bronze Precision Components announces John Nichols as General Manager.

2016-08-05
PPG has announced that it is investing $20 million to upgrade its fiber glass manufacturing facility in Chester, South...

IMGCeflaFinishingLineaStampaDigitale2016

2016-08-05
Cefla Finishing has acquired majority stakes of Jet-Set S.r.l., a dynamic industrial company set up in Bergamo in 2012, ...

Lghausysimage

2016-08-04
LG Hausys is planning to take over the whole 20 percent stake in Hausys Interpanem from its joint venture partner...

Guardianlogo

2016-08-04
Last week, the Venezuelan government seized control of Guardian’s operations in Venezuela by military force.

Luxurypackagingawardsupplier

2016-08-03
Allied Glass working in partnership with The Edrington Group and William Grant and Sons, has been shortlisted in two...

20140507104227AirProductsSupplyofNitrogenWillMakeItEasiertoExtractGasfromDepletedFieldsTheNetherlands

2016-08-03
Air Products has announced it has been awarded a long-term contract by KCC Corporation, a leading glass maker and the...

20130419023858viraconlogo

2016-08-01
Architectural glass specialty manufacturer Viracon, Inc is set to expand its operations in Owatonna, Minnesota. The...

Sisecam

2016-08-01
Şişecam Flat Glass, one of the world's largest manufacturers of flat glass, met in Montenegro with its clients in T...

Pilkington

2016-07-29
Pilkington Glass has announced plans to create a state-of-the art energy recovery facility at its Greengate site on...

SisecamFlatGlass

2016-07-29
Şişecam Flat Glass has completed the first stage of its digital transformation movement by updating its website.

1.924 Total news items for this channel since 1996
Next »
Page  1 2 3 4 5 6 7 8 9 10... Last of 46 

Our Glass Magazines & Annual Guides Read online free of charge

Glass-Technology International
 
Glass Machinery Plants & Accessories
 
World Glass Directory
 
Flat Glass World Directory
 
Return to top

Powered by GlassOnline Logo

Copyright © Smartenergy S.r.l. 1996-2016 - All rights reserved

Smartenergy S.r.l. - publications@glassonline.com - Cookie policy
Registered office: Via Antonio Gramsci, 57 - 20032 Cormano (MI), Italy
Company registry - Milan, REA No.: MI-2022277 | Share capital: € 10,000 | P.IVA/VAT No.: IT 08386450962