Macquarie Sticks to Their Buy Rating for Amcor PLC Shs Chess Depository Interests (AMC)
Macquarie analyst maintained a Buy rating on Amcor PLC Shs Chess Depository Interests today and set a price target of A$87.10.
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In addition to Macquarie, Amcor PLC Shs Chess Depository Interests also received a Buy from TipRanks – PerPlexity’s PerPlexity Consumer Cyclical AU in a report issued today. However, on the same day, TipRanks – OpenAI reiterated 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 September 30, the company reported a quarterly revenue of A$5.75 billion and a net profit of A$262 million. In comparison, last year the company earned a revenue of A$3.35 billion and had a net profit of A$191 million
Read More on AU:AMC:
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- Amcor Reports Higher CDI Count on ASX Following Transfers from NYSE-Listed Shares
- Amcor upgraded to Outperform from Neutral at Baird
- Amcor: Self-Help Earnings, Synergy Realization, and Deleveraging Drive Undervalued Buy Opportunity
- Amcor price target raised to $12 from $11 at Truist
- Amcor price target lowered to $9.70 from $10.30 at BofA
