Royal Bank Of Canada Cuts O-I Glass (NYSE:OI) Price Target to $18.00

O-I Glass (NYSE:OI) had its price objective decreased by Royal Bank Of Canada from $19.00 to $18.00 in a research report released on Thursday morning,Benzinga reports. Royal Bank Of Canada currently has an outperform rating on the industrial products company’s stock.

Other equities analysts also recently issued reports about the stock. Truist Financial upped their price target on shares of O-I Glass from $17.00 to $21.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. UBS Group restated a “buy” rating and set a $21.00 target price on shares of O-I Glass in a research report on Thursday, February 12th. Robert W. Baird set a $20.00 price target on O-I Glass in a report on Thursday, February 12th. Wall Street Zen lowered O-I Glass from a “strong-buy” rating to a “buy” rating in a research note on Sunday, February 15th. Finally, Wells Fargo & Company upgraded O-I Glass from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $15.00 to $18.00 in a report on Tuesday, January 6th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $18.11.

O-I Glass Stock Performance

NYSE OI opened at $13.41 on Thursday. The business’s 50 day moving average price is $15.21 and its 200-day moving average price is $13.79. O-I Glass has a fifty-two week low of $9.23 and a fifty-two week high of $16.91. The company has a market cap of $2.04 billion, a P/E ratio of -15.96, a P/E/G ratio of 0.62 and a beta of 0.78. The company has a debt-to-equity ratio of 3.35, a quick ratio of 0.77 and a current ratio of 1.25.

O-I Glass (NYSE:OI) last issued its quarterly earnings results on Tuesday, February 10th. The industrial products company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.01. O-I Glass had a positive return on equity of 18.07% and a negative net margin of 2.01%.The company had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same period last year, the company earned ($0.05) earnings per share. O-I Glass’s revenue was down 1.9% on a year-over-year basis. Sell-side analysts predict that O-I Glass will post 1.33 earnings per share for the current year.

Hedge Funds Weigh In On O-I Glass

Institutional investors have recently made changes to their positions in the company. Alliancebernstein L.P. lifted its stake in O-I Glass by 194.6% in the second quarter. Alliancebernstein L.P. now owns 7,939,841 shares of the industrial products company’s stock worth $117,033,000 after acquiring an additional 5,244,440 shares during the period. Wellington Management Group LLP purchased a new stake in shares of O-I Glass in the 4th quarter worth approximately $40,090,000. Arrowstreet Capital Limited Partnership boosted its stake in shares of O-I Glass by 288.7% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,215,632 shares of the industrial products company’s stock valued at $47,463,000 after purchasing an additional 2,388,299 shares in the last quarter. Brandywine Global Investment Management LLC bought a new position in shares of O-I Glass during the fourth quarter valued at approximately $25,064,000. Finally, Bank of America Corp DE increased its holdings in O-I Glass by 222.6% during the second quarter. Bank of America Corp DE now owns 2,206,251 shares of the industrial products company’s stock valued at $32,520,000 after buying an additional 1,522,384 shares during the period. Hedge funds and other institutional investors own 97.24% of the company’s stock.

More O-I Glass News

Here are the key news stories impacting O-I Glass this week:

• Positive Sentiment: RBC kept an “outperform” rating while trimming its price target from $19 to $18 — the note still implies ~30%+ upside from current levels, which can support buying interest. Benzinga: RBC lowers PT to $18
• Positive Sentiment: Zacks Research raised a few near‑quarter estimates (Q2 2026 to $0.56 from $0.55; Q3 2026 to $0.62 from $0.60), signaling some resilience in mid‑2026 margins. What is Zacks Research’s Forecast for O-I Glass Q2 Earnings?
• Neutral Sentiment: Zacks’ coverage is mixed overall — the firm remains at a “Hold” rating while publishing multiple revision items across quarters; investors must weigh the upgrades against the cuts below. What is Zacks Research’s Forecast for O-I Glass Q2 Earnings?
• Negative Sentiment: MarketWatch and other outlets report near‑term EPS pressure and that shares have moved lower following earnings/guide-related concerns — this headline-driven selling is a primary reason for the stock’s weakness. O-I Glass Shares Fall on 1Q EPS Pressure
• Negative Sentiment: Zacks cut several key estimates: notable reductions for Q1 (e.g., Q1 2026 down to $0.26 from $0.43), Q4 2026, Q1 2027 (to $0.46 from $0.61) and FY2026 (to $1.76 from $1.94) — these downward revisions apply pressure to valuation and near‑term sentiment. What is Zacks Research’s Forecast for O-I Glass Q2 Earnings?
• Negative Sentiment: Coverage pieces flagged a gap‑down and slide in the NYSE composite after the earnings/analyst moves, amplifying volatility and downside liquidity risk. O-I Glass Shares Gap Down on Earnings O-I Glass Slides on RBC Target Cut

O-I Glass Company Profile

O-I Glass, Inc is a leading global manufacturer of glass containers, supplying the food and beverage, wine and spirits, pharmaceutical, cosmetic and personal care industries. Headquartered in Perrysburg, Ohio, the company produces a broad range of glass packaging solutions, including bottles and jars, designed to meet customer specifications for size, shape, color and performance. O-I leverages proprietary technologies in forming, decoration and quality control to serve both mass-market and premium brands.

Tracing its origins to the early 20th century through the merger of prominent regional glassmakers, the company adopted the Owens-Illinois name in 1929 before rebranding as O-I Glass in 2015.