Owens-Illinois, Inc. (NYSE:OI) stock has received a short-term price target of $ 25.14 from 7 analysts.
The share price is expected to fluctuate from the mean short-term target, which can be seen from the standard deviation reading of $1.35. The higher estimate of target price is $27, while the lower price target estimate is $24.
Analysts at Zacks have given a short term rating of hold on Owens-Illinois with a rank of 3. The company has received an average rating of 3 from 10 brokerage firms. The company has been rated as hold from 10 Wall Street Analysts.
The company has received recommendation from many analysts. Brokerage firm Jefferies maintains it’s rating on Owens-Illinois, Inc. According to the latest information, the brokerage house lowers the price target to $25 per share from a prior target of $29. The shares have been rated Hold. The rating by the firm was issued on July 8, 2015.
Owens-Illinois, Inc. saw a decline in the market cap on Monday as its shares dropped 2.48% or 0.53 points. After the session commenced at $21.27, the stock reached the higher end at $21.38 while it hit a low of $20.75. With the volume soaring to 1,559,416 shares, the last trade was called at $20.82. The company has a 52-week high of $31.85. The company has a market cap of $3,347 million and there are 160,768,000 shares in outstanding. The 52-week low of the share price is $20.34.
The company shares have dropped 30.93% in the past 52 Weeks. On September 8, 2014 they registered one year high of $31.85 and one year low was seen on July 27, 2015 at $20.34. The 50-day moving average is $22.58 and the 200-day moving average is recorded at $23.95. S&P 500 has rallied 8.5% during the last 52-weeks.