O-I Glass, Inc. (NYSE:OI) is one of the best small cap low volatility stocks to invest in. On August 4, Wells Fargo analyst Gabe Hajde lowered the firm’s price target on O-I Glass, Inc. (NYSE:OI) to $14 from $15 while keeping an Equal Weight rating on the shares.
A factory floor with industrial line machinery operating, producing glass containers.
The firm told investors that O-I Glass, Inc. is exhibiting solid performance on its self-help initiatives, which is supporting growth in profits despite mixed end markets.
Wells Fargo added that the post-earnings stock reaction was a bit harsh, but the firm is waiting for better signs of end-market stability to adopt a constructive view.
O-I Glass, Inc. manufactures glass products, offering them to the food and beverage sector. The company’s operations are divided into the Americas and Europe geographical segments.
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This article is originally published at Insider Monkey.
