Amcor PLC

Amcor PLC Stock Forecast & Price Prediction

Live Amcor PLC Stock (AMCR) Price
$11.19

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$11.19

P/E Ratio

21.76

Volume Traded Today

$4.0M

Dividend

$0.125

52 Week High/low

11.48/8.45

Amcor PLC Market Cap

$16.04B

๐Ÿ›‘ Alert: These ten stocks could have higher potential than $AMCR ๐Ÿ›‘

Before you buy AMCR you'll want to see this list of ten stocks that have huge potential. Want to see if AMCR made the cut? Enter your email below

AMCR Summary

The Amcor PLC (AMCR) share price is expected to decrease by 7.77% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered AMCR. Price targets range from $8.75 at the low end to $11 at the high end. The current analyst consensus for AMCR is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

AMCR Analyst Ratings

About 0 Wall Street analysts have assigned AMCR 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Amcor PLC to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on AMCR. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

AMCR stock forecast by analyst

These are the latest 20 analyst ratings of AMCR.

Analyst/Firm

Rating

Price Target

Change

Date

Anthony Pettinari
Citigroup

Neutral

$11

Maintains

Aug 20, 2024
Ghansham Panjabi
Baird

Neutral

$11

Maintains

Aug 16, 2024
Gabe Hajde
Wells Fargo

Equal-Weight

$10.5

Maintains

Aug 16, 2024
Anthony Longo
JP Morgan

Overweight

$11.1

Maintains

Aug 13, 2024
Lars Kjellberg
Stifel

Hold

$10.8

Initiates

Jul 9, 2024
Gabe Hajde
Wells Fargo

Equal-Weight

$9.8

Initiates

Jun 28, 2024
Anthony Longo
JP Morgan

Overweight

$10

Maintains

May 1, 2024
Michael Roxland
Truist Securities

Hold

$10

Maintains

Nov 3, 2023
George Staphos
B of A Securities

Underperform

$9

Downgrade

Jul 10, 2023
Anthony Pettinari
Citigroup

Neutral

$10.5

Maintains

May 5, 2023
Adam Samuelson
Goldman Sachs

Sell

$9.5

Maintains

May 3, 2023
George Staphos
B of A Securities

Buy


Upgrade

Oct 13, 2022
Daniel Kang
CLSA

Buy


Initiates

Jul 19, 2022

Truist Securities

Hold


Initiates

Mar 25, 2022

B of A Securities

Buy


Upgrade

Dec 15, 2021
Adam Samuelson
Goldman Sachs

Sell

$11.5

Downgrade

Aug 18, 2021

Goldman Sachs

Neutral


Initiates

Apr 9, 2021
Mark Wilde
BMO Capital

Outperform

$13

Upgrade

Feb 4, 2021

Deutsche Bank

Hold


Downgrade

Jan 20, 2021

Citigroup

Neutral


Downgrade

Jan 5, 2021

AMCR Company Information

What They Do: Produces and sells packaging products globally.

Business Model: Amcor operates through two main segments: Flexibles and Rigid Packaging. The Flexibles segment generates revenue by offering various flexible packaging solutions across multiple industries, while the Rigid Packaging segment focuses on supplying rigid containers for beverages and food products, including plastic caps. The company primarily sells its products through a direct sales force, enabling it to establish strong relationships with customers.

Other Information: Founded in 1926 and headquartered in Zurich, Switzerland, Amcor plc has a wide geographical presence across Europe, North America, Latin America, and the Asia Pacific, positioning itself as a key player in the packaging industry.
AMCR
Amcor PLC (AMCR)

When did it IPO

2019

Staff Count

41,000

Country

Switzerland

Sector/Industry

Consumer Cyclical/Packaging & Containers

CEO

Mr. Peter Konieczny Dip Eng, MBA, MSc Mech Eng

Market Cap

$16.04B

Amcor PLC (AMCR) Financial Data

In 2023, AMCR generated $14.69B in revenue, which was a increase of 1.03% from the previous year. This can be seen as a signal that AMCR's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

$12.86B

0.00 %
From Previous Year

Revenue From 2022

$14.54B

13.09 %
From Previous Year

Revenue From 2023

$14.69B

1.03 %
From Previous Year
  • Revenue TTM $13.64B
  • Operating Margin TTM 10.4%
  • Gross profit TTM $2.71B
  • Return on assets TTM 4.8%
  • Return on equity TTM 18.4%
  • Profit Margin 5.4%
  • Book Value Per Share 2.69%
  • Market capitalisation $16.04B
  • Revenue for 2021 $12.86B
  • Revenue for 2022 $14.54B
  • Revenue for 2023 $14.69B
  • EPS this year (TTM) $0.51

Amcor PLC (AMCR) Latest News

News Image

Wed, 09 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Zacks Style Scores can assist investors in selecting strong, market-beating stocks for their investment portfolios.

Why It Matters - Zacks Style Scores can guide investors in selecting high-potential stocks, potentially enhancing portfolio performance and returns.

News Image

Wed, 09 Oct 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - As of October 7, 2024, 67 Dividend Aristocrats in the S&P 500 have increased payouts for at least 25 consecutive years, with top ten net gains estimated between 10.5% and 20.13%.

Why It Matters - Dividend Aristocrats signal consistent financial health and strong management, attracting investors seeking stability and income. The projected gains highlight potential growth opportunities in quality stocks.

News Image

Thu, 26 Sep 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Amcor's long-term carbon reduction targets have received approval from the Science Based Targets initiative (SBTi), enhancing its commitment to sustainable packaging solutions.

Why It Matters - Amcor's approval of carbon reduction targets enhances its sustainability profile, potentially attracting environmentally-conscious investors and improving its competitive edge in the packaging industry.

News Image

Fri, 27 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Zacks Style Scores help investors identify top-rated stocks tailored to their investing strategies, providing a useful tool for stock selection.

Why It Matters - Zacks Style Scores help identify high-potential stocks tailored to specific investing styles, enabling more informed investment decisions and potentially higher returns.

News Image

Tue, 24 Sep 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Amcor plc has nominated Graham Chipchase as a non-executive director for election at its Annual Meeting on November 6, 2024.

Why It Matters - Graham Chipchase's nomination as a non-executive director may signal strategic shifts or governance changes at Amcor, potentially impacting its stock performance and investor confidence.

News Image

Mon, 23 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Zacks Premium offers Style Scores to help value, growth, and momentum investors identify strong stocks more easily.

Why It Matters - Zacks Style Scores enhance stock selection by categorizing stocks based on investment strategies, aiding investors in identifying potentially profitable opportunities.

...

AMCR Frequently asked questions

The highest forecasted price for AMCR is $11 from Ghansham Panjabi at Baird.

The lowest forecasted price for AMCR is $8.75 from from

The AMCR analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.