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Amcor PLC Shs Chess Depository Interests (AMC) Receives a Buy from Jarden

Tipranks - Tipranks - Fri May 8, 6:52PM CDT

Jarden analyst Jakob Cakarnis maintained a Buy rating on Amcor PLC Shs Chess Depository Interests yesterday and set a price target of A$75.00. The company’s shares closed today at A$52.70.

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Cakarnis covers the Industrials sector, focusing on stocks such as Brambles , Aurizon Holdings, and Qantas Airways Limited. According to TipRanks, Cakarnis has an average return of 12.0% and a 63.07% success rate on recommended stocks.

In addition to Jarden, Amcor PLC Shs Chess Depository Interests also received a Buy from Citi’s Anthony Pettinari in a report issued today. However, on the same day, Morgan Stanley maintained a Hold rating on Amcor PLC Shs Chess Depository Interests (ASX: AMC).

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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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