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Amcor Analyst Ratings

Benzinga ·  Nov 3, 2023 11:30
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
11/03/2023 11.17% Truist Securities $11 → $10 Maintains Hold
07/10/2023 0.06% B of A Securities $12.4 → $9 Downgrades Buy → Underperform
05/05/2023 16.73% Citigroup $12 → $10.5 Maintains Neutral
05/03/2023 5.61% Goldman Sachs $10.75 → $9.5 Maintains Sell
10/13/2022 B of A Securities Upgrades Underperform → Buy
07/19/2022 CLSA Initiates Coverage On → Buy
03/25/2022 33.41% Truist Securities → $12 Initiates Coverage On → Hold
12/15/2021 46.75% B of A Securities → $13.2 Upgrades Underperform → Buy
08/18/2021 27.85% Goldman Sachs $12 → $11.5 Downgrades Neutral → Sell
04/09/2021 33.41% Goldman Sachs → $12 Initiates Coverage On → Neutral
02/04/2021 44.52% BMO Capital $11 → $13 Upgrades Market Perform → Outperform
01/20/2021 Deutsche Bank Downgrades Buy → Hold
01/05/2021 44.52% Citigroup → $13 Downgrades Buy → Neutral
11/24/2020 B of A Securities Downgrades Neutral → Underperform
10/14/2020 Seaport Global Initiates Coverage On → Neutral
08/21/2020 33.41% Deutsche Bank $10 → $12 Maintains Buy
07/08/2020 27.85% B of A Securities → $11.5 Initiates Coverage On → Neutral
04/02/2020 2.83% Deutsche Bank $7.5 → $9.25 Maintains Buy
03/19/2020 -16.62% Deutsche Bank → $7.5 Initiates Coverage On → Buy
03/13/2020 0.06% BMO Capital → $9 Initiates Coverage On → Market Perform
12/20/2019 22.29% Baird → $11 Initiates Coverage On → Neutral
06/20/2019 44.52% Citigroup → $13 Initiates Coverage On → Buy

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 11.17% 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 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 $8.99, which is out of the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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