Amcor Plc (AMCR) appears to show a bullish trend across the market. Truist Financial and Stifel, among others, reveal bullish expectations for the firm. Additionally, JPMorgan has initiated coverage with an 'overweight' rating and a $10.00 price target. Multiple acquisitions of AMCR shares by reputable firms such as
State Street Corp, Ossiam, California Public Employees Retirement System, and others provide an indication of increased interest in the company. Furthermore, the 1-for-5 reverse stock split set to reduce total shares to about 461M amplifies the company's share value, providing an attractive entry point for investors. Despite this, shareholders have been advised against purchasing Amcor's next dividend before certain checks are carried out. In other news, AMCR's
Q1 earnings report has incurred attention while Wall Street debates the potential bull or bear case for Amcor. In other developments, Amcor is set to report Q4 earnings, and the market remains expectant of strong results. Finally, with a 52%-48% split between retail investors and institutions owning AMCR, the retail interest remains significant.
Amcor Plcs AMCR News Analytics from Sun, 23 Feb 2025 08:00:00 GMT to Sat, 13 Dec 2025 15:07:34 GMT -
Rating 7
- Innovation -1
- Information 7
- Rumor -3
