Owens Illinois (OI) IV flat as shares near two-year high into Q3

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Go back to Owens Illinois (OI) IV flat as shares near two-year high into Q3

Owens-Illinois (OI) PT Raised to $27 at UBS Following 3Q Release

October 24, 2017 10:36 AM EDT

UBS raised its price target on Owens-Illinois (NYSE: OI) to $27.00 (from $26.00) while maintaining a Neutral rating following the company's 3Q earnings report. OI reported adjusted EPS of $0.77 vs the Consensus estimate of $0.73.

OI provided 4Q EPS guidance of $0.50-$0.55 vs initial consensus of $0.56. UBS's forward EPS estimates are essentially unchanged.

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