M&G Plc invested a whopping $16.60 million in
Amcor Plc. This coincides with an increased interest in the bio-tech company, with short interest increased by 5.5%, making it a favourite amongst institutional investors who own 61% of the shares. On the other hand,
Empowered Funds LLC and
SG Americas Securities LLC also acquired considerable shares, indicating growing investment interest.
Sei Investments Co. and Forsta AP Fonden have positions valued at $10.99 million and $6.66 million respectively in Amcor Plc. However, despite these investments, the Swiss National Bank cut its position in Amcor Plc, shedding some uncertainties on its value.
Amcor has revealed Q3 2024 earnings call transcript, with a potential value revival hinted by some market participants, and the price target is set at $10.15. The company's dividends are also in the spotlight. Contrarily, some experts suggest it might not be a great idea to buy Amcor plc for its next dividend as the company's stocks have dipped 16% in a year. Nonetheless, others still believe in the company's potential, citing it as undervalued, and a good addition to a value investor's portfolio.
Amcor Plcs AMCR News Analytics from Fri, 20 Sep 2019 21:15:30 GMT to Sun, 21 Jul 2024 14:46:17 GMT -
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- Innovation -4
- Information 5
- Rumor -2
