Amcor PLC has a consensus price target of $10.4 based on the ratings of 9 analysts. The high is $11.1 issued by JP Morgan on August 13, 2024. The low is $9 issued by B of A Securities on July 10, 2023. The 3 most-recent analyst ratings were released by Wells Fargo, Citigroup, and Wells Fargo on October 15, 2024, August 20, 2024, and August 16, 2024, respectively. With an average price target of $10.77 between Wells Fargo, Citigroup, and Wells Fargo, there's an implied 2.83% upside for Amcor PLC from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Amcor (NYSE:AMCR) was reported by Wells Fargo on October 15, 2024. The analyst firm set a price target for $10.80 expecting AMCR to rise to within 12 months (a possible 3.15% upside). 8 analyst firms have reported ratings in the last year.
The latest analyst rating for Amcor (NYSE:AMCR) was provided by Wells Fargo, and Amcor maintained their equal-weight rating.
The last upgrade for Amcor PLC happened on October 13, 2022 when B of A Securities raised their price target to N/A. B of A Securities previously had an underperform for Amcor PLC.
The last downgrade for Amcor PLC happened on July 10, 2023 when B of A Securities changed their price target from $12.4 to $9 for Amcor PLC.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Amcor, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Amcor was filed on October 15, 2024 so you should expect the next rating to be made available sometime around October 15, 2025.
While ratings are subjective and will change, the latest Amcor (AMCR) rating was a maintained with a price target of $10.50 to $10.80. The current price Amcor (AMCR) is trading at is $10.47, which is out of the analyst’s predicted range.
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