There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on O-I Glass (OI – Research Report) and Proto Labs (PRLB – Research Report) with bullish sentiments.
O-I Glass (OI)
RBC Capital analyst Arun Viswanathan reiterated a Buy rating on O-I Glass today and set a price target of $37.00. The company’s shares closed last Friday at $21.98, close to its 52-week high of $23.52.
According to TipRanks.com, Viswanathan is a 4-star analyst with an average return of
Currently, the analyst consensus on O-I Glass is a Moderate Buy with an average price target of $27.63.
See the top stocks recommended by analysts >>
Proto Labs (PRLB)
Benchmark Co. analyst Robert Wasserman reiterated a Buy rating on Proto Labs today and set a price target of $45.00. The company’s shares closed last Friday at $31.84.
According to TipRanks.com, Wasserman is a 1-star analyst with an average return of
Proto Labs has an analyst consensus of Moderate Buy, with a price target consensus of $43.00.
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Read More on OI:
- Owens-Brockway Glass Container Inc. and OI European Group B.V. Announce Results of Cash Tender Offers for Any and All of Certain Outstanding Senior Notes
- Owens-Brockway Glass Container Inc. Announces Pricing of Debt Tender Offer
- Owens-Brockway Glass Container Inc. Offer to Purchase for Cash Any and All 5.375% Senior Notes Due 2025
- Owens-Brockway Glass Container Inc. and OI European Group B.V. Announce Upsizing and Pricing of Private Green Bond Offerings
- Owens-Brockway Glass Container Inc. and OI European Group B.V. Launch Private Green Bond Offerings of $500 Million and €500 Million, Respectively
