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Amcor PLC Shs Chess Depository Interests (AMC) Gets a Hold from Morgan Stanley

Tipranks - Tue May 19, 12:28AM CDT

Morgan Stanley analyst Joseph Michael maintained a Hold rating on Amcor PLC Shs Chess Depository Interests on May 15 and set a price target of A$60.00.

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According to TipRanks, Michael is ranked #2393 out of 12185 analysts.

In addition to Morgan Stanley, Amcor PLC Shs Chess Depository Interests also received a Hold from RBC Capital’s Mark Wilson CFA in a report issued on May 4. However, on May 10, Citi maintained a Buy 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 March 31, the company reported a quarterly revenue of A$5.91 billion and a net profit of A$278 million. In comparison, last year the company earned a revenue of A$3.33 billion and had a net profit of A$196 million

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