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Bank of America Securities Sticks to Their Buy Rating for Amcor PLC Shs Chess Depository Interests (AMC)

Tipranks - Thu Apr 9, 2:10AM CDT

Bank of America Securities analyst George Staphos maintained a Buy rating on Amcor PLC Shs Chess Depository Interests on April 6. The company’s shares closed today at A$58.53.

Easter Sale - 70% Off TipRanks

According to TipRanks, Staphos is a 4-star analyst with an average return of 3.7% and a 48.97% success rate. Staphos covers the Consumer Cyclical sector, focusing on stocks such as Sonoco Products, International Paper Co, and Avery Dennison.

In addition to Bank of America Securities, Amcor PLC Shs Chess Depository Interests also received a Buy from Jefferies’s Ramoun Lazar in a report issued on March 25. However, on March 26, TipRanks – PerPlexity reiterated a Hold rating on Amcor PLC Shs Chess Depository Interests (ASX: AMC).

Based on Amcor PLC Shs Chess Depository Interests’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$5.54 billion and a net profit of A$179.92 million. In comparison, last year the company earned a revenue of A$3.24 billion and had a net profit of A$163 million

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