$8.98
-0.05[-0.55%]
At close: Apr 23
$8.98
0[0.00%]
After Hours: 4:00PM EDT
Amcor Stock (NYSE:AMCR), Analyst Ratings, Price Targets, Predictions
Amcor PLC has a consensus price target of $7.8, established from looking at the 9 latest analyst ratings. The last 3 analyst ratings were released from Truist Securities, B of A Securities, and Citigroup on November 3, 2023, July 10, 2023, and May 5, 2023. With an average price target of $9.83 between Truist Securities, B of A Securities, and Citigroup, there's an implied 9.50% upside for Amcor PLC from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Truist Securities
B of A Securities
Citigroup
Goldman Sachs
CLSA
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Amcor
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 11/03/2023 | AMCR | Buy Now | Amcor | $8.98 | 11.36% | Truist Securities | Michael Roxland | $11 → $10 | Maintains | Hold | Get Alert |
| 07/10/2023 | AMCR | Buy Now | Amcor | $8.98 | 0.22% | B of A Securities | George Staphos | $12.4 → $9 | Downgrade | Buy → Underperform | Get Alert |
| 05/05/2023 | AMCR | Buy Now | Amcor | $8.98 | 16.93% | Citigroup | Anthony Pettinari | $12 → $10.5 | Maintains | Neutral | Get Alert |
| 05/03/2023 | AMCR | Buy Now | Amcor | $8.98 | 5.79% | Goldman Sachs | Adam Samuelson | $10.75 → $9.5 | Maintains | Sell | Get Alert |
| 10/13/2022 | AMCR | Buy Now | Amcor | $8.98 | — | B of A Securities | George Staphos | — | Upgrade | Underperform → Buy | Get Alert |
| 07/19/2022 | AMCR | Buy Now | Amcor | $8.98 | — | CLSA | Daniel Kang | — | Initiates | → Buy | Get Alert |
| 03/25/2022 | AMCR | Buy Now | Amcor | $8.98 | 33.63% | Truist Securities | Michael Roxland | → $12 | Initiates | → Hold | Get Alert |
| 12/15/2021 | AMCR | Buy Now | Amcor | $8.98 | 46.99% | B of A Securities | George Staphos | — | Upgrade | Underperform → Buy | Get Alert |
| 08/18/2021 | AMCR | Buy Now | Amcor | $8.98 | 28.06% | Goldman Sachs | Adam Samuelson | — | Downgrade | Neutral → Sell | Get Alert |
FAQ
What is the target price for Amcor (AMCR)?
The latest price target for Amcor (NYSE: AMCR) was reported by Truist Securities on November 3, 2023. The analyst firm set a price target for $10.00 expecting AMCR to rise to within 12 months (a possible 11.36% upside). 4 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Amcor (AMCR)?
The latest analyst rating for Amcor (NYSE: AMCR) was provided by Truist Securities, and Amcor maintained their hold rating.
When was the last upgrade for Amcor (AMCR)?
The last upgrade for Amcor PLC happened on October 13, 2022 when B of A Securities raised their price target to N/A. B of A Securities previously had an underperform for Amcor PLC.
When was the last downgrade for Amcor (AMCR)?
The last downgrade for Amcor PLC happened on July 10, 2023 when B of A Securities changed their price target from $12.4 to $9 for Amcor PLC.
When is the next analyst rating going to be posted or updated for Amcor (AMCR)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Amcor, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Amcor was filed on November 3, 2023 so you should expect the next rating to be made available sometime around November 3, 2024.
Is the Analyst Rating Amcor (AMCR) correct?
While ratings are subjective and will change, the latest Amcor (AMCR) rating was a maintained with a price target of $11.00 to $10.00. The current price Amcor (AMCR) is trading at is $8.98, which is out of the analyst’s predicted range.
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