ETF Analysis: The iShares North American Natural Resources ETF (IGE) has an implied analyst target price of $52.62 per unit, indicating a potential upside of 15.29% from its current trading price of $45.64.
Notable Holdings: Key underlying holdings with significant upside include Alamos Gold Inc (AGI), Cenovus Energy Inc (CVE), and O-I Glass Inc (OI), with expected increases of 35.21%, 25.35%, and 22.66% respectively.
Analyst Target Justification: There are questions regarding whether analysts' targets are justified or overly optimistic, considering recent developments in the companies and industry.
Investor Research: Investors are encouraged to conduct further research to assess the validity of these analyst targets and their implications for future stock performance.
Wall Street analysts forecast OI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for OI is 18.20 USD with a low forecast of 17.00 USD and a high forecast of 21.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
Wall Street analysts forecast OI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for OI is 18.20 USD with a low forecast of 17.00 USD and a high forecast of 21.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Buy
1 Hold
0 Sell
Strong Buy
Current: 15.250
Low
17.00
Averages
18.20
High
21.00
Current: 15.250
Low
17.00
Averages
18.20
High
21.00
Truist
Buy
maintain
$17 -> $21
2026-01-06
Reason
Truist
Price Target
$17 -> $21
AI Analysis
2026-01-06
maintain
Buy
Reason
Truist raised the firm's price target on O-I Glass to $21 from $17 and keeps a Buy rating on the shares. Early 2026 is expected to see modestly challenged packaging volumes due to limited promotions, though some CPGs are successfully driving volume while retaining price gains, the analyst tells investors in a research note. Beverage cans should continue growing in North America and Europe, and containerboard producers are likely to implement price increases successfully thanks to disciplined supply management, the firm says.
Citi
Neutral
maintain
$14 -> $17
2026-01-06
Reason
Citi
Price Target
$14 -> $17
2026-01-06
maintain
Neutral
Reason
Citi raised the firm's price target on O-I Glass to $17 from $14 and keeps a Neutral rating on the shares. The firm updated estimates targets in the packing group as part of its 2026 outlook. The volume setup for the group remains challenging in 2026, the analyst tells investors in a research note.
Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for OI
Unlock Now
Wells Fargo
Equal Weight -> Overweight
upgrade
$15 -> $18
2026-01-06
Reason
Wells Fargo
Price Target
$15 -> $18
2026-01-06
upgrade
Equal Weight -> Overweight
Reason
Wells Fargo upgraded O-I Glass to Overweight from Equal Weight with a price target of $18, up from $15, citing self-help driven profit growth. The firm says that while 2025 turned into a more challenging year than it originally expected, Wells is still waiting for a catalyst that will drive a rebound. K-shaped economy remains the firm's top concern as low-end consumer health remains poor.
BofA
Neutral -> Buy
upgrade
$14 -> $17
2025-11-17
Reason
BofA
Price Target
$14 -> $17
2025-11-17
upgrade
Neutral -> Buy
Reason
BofA upgraded O-I Glass to Buy from Neutral with a price target of $17, up from $14.
About OI
O-I Glass, Inc. is a producer of glass bottles and jars around the globe. The Company specializes in the glass container segment of the rigid packaging market. Its segments include Americas and Europe. The Company produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits and wine. The Company also produces glass packaging for a variety of food items, soft drinks, teas, juices and pharmaceuticals. The Company manufactures glass containers in a wide range of sizes, shapes and colors and is active in new product development and glass container innovation. It sells most of its glass container products directly to customers under annual or multi-year supply agreements. It also sells some of its products through distributors. It operates approximately 69 glass manufacturing plants in 19 countries. It also provides engineering support for its glass manufacturing operations through facilities located in the United States, Poland and Peru.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
