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Macquarie Sticks to Its Buy Rating for Amcor PLC Shs Chess Depository Interests (AMC)

Tipranks - Wed Apr 29, 6:52PM CDT

In a report released today, from Macquarie maintained a Buy rating on Amcor PLC Shs Chess Depository Interests, with a price target of A$84.63.

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In addition to Macquarie, Amcor PLC Shs Chess Depository Interests also received a Buy from Morgans’s Alexander Lu in a report issued on April 23. However, on April 17, Morgan Stanley maintained 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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