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UBS Sticks to Their Buy Rating for Amcor PLC Shs Chess Depository Interests (AMC)

Tipranks - Tipranks - Wed Jan 21, 4:48PM CST

UBS analyst Nathan Reilly maintained a Buy rating on Amcor PLC Shs Chess Depository Interests yesterday and set a price target of A$91.25. The company’s shares closed last Tuesday at A$64.10.

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According to TipRanks, Reilly is a 4-star analyst with an average return of 12.8% and a 69.60% success rate. Reilly covers the Industrials sector, focusing on stocks such as ALS, Downer EDI Limited, and Ventia Services Group Limited.

In addition to UBS, Amcor PLC Shs Chess Depository Interests also received a Buy from Citi’s Anthony Pettinari in a report issued yesterday. However, on January 14, TipRanks – xAI reiterated 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 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

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