♔ The Trade Off
Amcor PLC Shs Chess Depository Interests (AMC) Receives a Buy from Macquarie
In a report released today, from Macquarie maintained a Buy rating on Amcor PLC Shs Chess Depository Interests, with a price target of A$86.50.
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In addition to Macquarie, Amcor PLC Shs Chess Depository Interests also received a Buy from Morgans’s Alexander Lu in a report issued today. However, on January 29, Morgan Stanley 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 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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