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Ord Minnett Keeps Their Hold Rating on Amcor PLC Shs Chess Depository Interests (AMC)

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

Ord Minnett analyst maintained a Hold rating on Amcor PLC Shs Chess Depository Interests yesterday and set a price target of A$70.50. The company’s shares closed last Tuesday at A$64.10.

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In addition to Ord Minnett, Amcor PLC Shs Chess Depository Interests also received a Hold from TipRanks – xAI’s xAi Consumer Cyclical AU in a report issued on January 14. However, yesterday, Citi maintained a Buy 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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