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RBC Capital Keeps Their Hold Rating on Amcor PLC Shs Chess Depository Interests (AMC)

Tipranks - Tipranks - Fri Feb 6, 12:02AM CST

In a report released yesterday, Mark Wilson CFA from RBC Capital maintained a Hold rating on Amcor PLC Shs Chess Depository Interests, with a price target of A$68.00. The company’s shares closed today at A$65.31.

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According to TipRanks, Wilson CFA is a 2-star analyst with an average return of 1.1% and a 75.00% success rate.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Amcor PLC Shs Chess Depository Interests with a A$74.13 average price target, a 13.50% upside from current levels. In a report released on January 29, Morgan Stanley also downgraded the stock to a Hold with a A$68.66 price target.

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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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