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Ord Minnett Reaffirms Their Buy Rating on Amcor PLC Shs Chess Depository Interests (AMC)

Tipranks - 51 minutes ago

In a report released today, from Ord Minnett maintained a Buy rating on Amcor PLC Shs Chess Depository Interests, with a price target of A$63.00.

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In addition to Ord Minnett, Amcor PLC Shs Chess Depository Interests also received a Buy from Citi’s Anthony Pettinari in a report issued yesterday. However, on the same day, 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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