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RBC Capital Sticks to Its Hold Rating for Amcor PLC Shs Chess Depository Interests (AMC)

Tipranks - Tipranks - Thu May 7, 1:00AM CDT

In a report released on May 4, Mark Wilson CFA from RBC Capital maintained a Hold rating on Amcor PLC Shs Chess Depository Interests, with a price target of A$58.00.

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Wilson CFA covers the Consumer Cyclical sector, focusing on stocks such as Light & Wonder, Inc. Shs Chess Depository Interests Repr 1 Sh, Orora, and Aristocrat Leisure . According to TipRanks, Wilson CFA has an average return of -3.8% and a 50.00% success rate on recommended stocks.

Currently, the analyst consensus on Amcor PLC Shs Chess Depository Interests is a Strong Buy with an average price target of A$70.82.

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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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