-- 独立研究机构CFRA向提供了以下研究报告。CFRA分析师的观点总结如下：我们将O-I未来12个月的目标股价下调6.50美元至7.50美元，基于2026年EBITDA预期值的5.5倍EV/EBITDA，低于O-I过去一年的平均水平5.6倍。我们将2026年每股收益预期下调0.58美元至1.25美元，2027年每股收益预期下调0.40美元至1.95美元。O-I的“Fit to Win”项目在第一季度实现了3500万美元的净节省，并已完成其7.5亿美元收益目标的50%，这是本季度的一大亮点。O-I在本季度新增了15个客户，预计将推动2026年下半年业务量增长1.5%。我们注意到，业务量同比下降了8%。 这一趋势在3月份有所改善，销量仅下降2%。管理层指出，欧洲市场是业绩不佳的主要原因，由于需求疲软以及南欧葡萄酒市场竞争激烈，该市场较上年同期减少了6800万美元。中东冲突带来的通胀风险是一大隐患，如果价格持续高企，可能会增加7500万至1亿美元的成本。我们目前预计2027年的EBITDA与2025年（12.3亿美元）持平，但如果2026年下半年能源价格下降，这一预期可能会有所改善。
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