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UBS Remains a Buy on Amcor PLC Shs Chess Depository Interests (AMC)

Tipranks - Mon Feb 16, 11:46PM CST

In a report released yesterday, Nathan Reilly from UBS maintained a Buy rating on Amcor PLC Shs Chess Depository Interests, with a price target of A$91.25.

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Reilly covers the Industrials sector, focusing on stocks such as ALS, Downer EDI Limited, and Monadelphous Group Limited. According to TipRanks, Reilly has an average return of 13.1% and a 69.77% success rate on recommended stocks.

In addition to UBS, Amcor PLC Shs Chess Depository Interests also received a Buy from TipRanks – Google’s Google Consumer Cyclical AU in a report issued on February 6. However, on the same day, TipRanks – PerPlexity downgraded Amcor PLC Shs Chess Depository Interests (ASX: AMC) to a Hold.

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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