Amcor PLC has a consensus price target of $9.94 based on the ratings of 8 analysts. The high is $10.8 issued by Stifel on July 9, 2024. The low is $9 issued by B of A Securities on July 10, 2023. The 3 most-recent analyst ratings were released by Stifel, Wells Fargo, and JP Morgan on July 9, 2024, June 28, 2024, and May 1, 2024, respectively. With an average price target of $10.2 between Stifel, Wells Fargo, and JP Morgan, there's an implied 1.29% upside for Amcor PLC from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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07/09/2024 | Buy Now | 7.25% | Stifel | Lars Kjellberg | → $10.8 | Initiates | → Hold | Get Alert |
06/28/2024 | Buy Now | -2.68% | Wells Fargo | Gabe Hajde | → $9.8 | Initiates | → Equal-Weight | Get Alert |
05/01/2024 | Buy Now | -0.7% | JP Morgan | Anthony Longo | $9.9 → $10 | Maintains | Overweight | Get Alert |
11/03/2023 | Buy Now | -0.7% | Truist Securities | Michael Roxland | $11 → $10 | Maintains | Hold | Get Alert |
07/10/2023 | Buy Now | -10.63% | B of A Securities | George Staphos | $12.4 → $9 | Downgrade | Buy → Underperform | Get Alert |
05/05/2023 | Buy Now | 4.27% | Citigroup | Anthony Pettinari | $12 → $10.5 | Maintains | Neutral | Get Alert |
05/03/2023 | Buy Now | -5.66% | Goldman Sachs | Adam Samuelson | $10.75 → $9.5 | Maintains | Sell | Get Alert |
10/13/2022 | Buy Now | — | B of A Securities | George Staphos | — | Upgrade | Underperform → Buy | Get Alert |
07/19/2022 | Buy Now | — | CLSA | Daniel Kang | — | Initiates | → Buy | Get Alert |
03/25/2022 | Buy Now | 19.17% | Truist Securities | Michael Roxland | → $12 | Initiates | → Hold | Get Alert |
12/15/2021 | Buy Now | 31.08% | B of A Securities | George Staphos | — | Upgrade | Underperform → Buy | Get Alert |
08/18/2021 | Buy Now | 14.2% | Goldman Sachs | Adam Samuelson | — | Downgrade | Neutral → Sell | Get Alert |
The latest price target for Amcor (NYSE:AMCR) was reported by Stifel on July 9, 2024. The analyst firm set a price target for $10.80 expecting AMCR to rise to within 12 months (a possible 7.25% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for Amcor (NYSE:AMCR) was provided by Stifel, and Amcor initiated their hold 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 July 9, 2024 so you should expect the next rating to be made available sometime around July 9, 2025.
While ratings are subjective and will change, the latest Amcor (AMCR) rating was a initiated with a price target of $0.00 to $10.80. The current price Amcor (AMCR) is trading at is $10.07, which is within the analyst’s predicted range.
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