Amcor Plc's (AMCR) shares fell to their
52-week low at $8.15 per share and
RBC Capital has commenced coverage with a sector perform rating and a price target of $9.00. This indicates mixed sentiments in the stock. With institutions owning
70% of the company's shares, it suggests a high degree of institutional interest. However, individual investors are also the largest shareholders with a 52% ownership stake.
Stifel has upgraded AMCR to Buy but lowered the price target, indicating mixed financial expectations.
Amcor’s 2026 outlook is robust following the appointment of a new CFO and its dividend payout remains steady. Despite this, investors are warned about unchecked optimism as earnings have missed estimates and sales have underperformed, leading to net losses.
JPMorgan and
BofA Securities have retained their bullish outlook, while
Citi,
Jefferies, and
Wells Fargo have reiterated their positive stance citing strong margins, free cash flow, and Berry Global merger synergies respectively.
Amcor Plcs AMCR News Analytics from Wed, 15 Jan 2025 08:00:00 GMT to Fri, 24 Oct 2025 05:20:00 GMT -
Rating -4
- Innovation -3
- Information 5
- Rumor -5
