Amcor Plcs AMCR stock has had a flurry of activity which is positive overall. Its stock has been lifted by
Mirae Asset Global Investments Co. Ltd. and
Synergy Asset Management LLC made an investment worth $5.10 million. Heavily purchased,
HB Wealth Management LLC and
Sound Income Strategies LLC acquired significant Amcor shares. Several companies like
Assenagon Asset Management S.A., Bayforest Capital Ltd, Dakota Wealth Management and
Wedmont Private Capital also increased their positions. Its Q4 Earnings report was robust, however, one can note a 52-week low at $8.15 per share, and RBC Capital initiated a "
Sector Perform" rating. Jefferies suggests a potential to boost volumes and margins. Promisingly, earnings are expected to miss estimates in Q4 but revenues to increase Y/Y. The company's European expansion has boosted its prospects. The company is believed to be a
strong defensive dividend stock and many consider AMCR a buy opportunity. However, there are concerns regarding its weak volumes and dividend. The future outlook for the company seems promising, especially noting the Berry Global Integration which is expected to drive growth.
Amcor Plcs AMCR News Analytics from Sun, 19 Jan 2025 08:00:00 GMT to Sat, 04 Oct 2025 08:31:57 GMT -
Rating 8
- Innovation 3
- Rumor -5
