Amcor upgraded by BofA Securities with a new price target
$AMCR
Miscellaneous manufacturing industries
Consumer Discretionary
BofA Securities upgraded Amcor from Underperform to Buy and set a new price target of $12.50
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/11/2024 | $12.50 | Underperform → Buy | BofA Securities |
| 11/27/2024 | Neutral → Outperform | Macquarie | |
| 7/9/2024 | $10.80 | Hold | Stifel |
| 6/28/2024 | $9.80 | Equal Weight | Wells Fargo |
| 7/10/2023 | $12.40 → $9.00 | Buy → Underperform | BofA Securities |
| 5/3/2023 | $11.60 → $10.80 | Neutral → Overweight | JP Morgan |
| 5/3/2023 | Underperform → Hold | Jefferies | |
| 1/24/2023 | $11.70 | Overweight → Neutral | JP Morgan |
SC 13G/A - Amcor plc (0001748790) (Subject)
SC 13G/A - Amcor plc (0001748790) (Subject)
SC 13G/A - Amcor plc (0001748790) (Subject)
BofA Securities upgraded Amcor from Underperform to Buy and set a new price target of $12.50
Macquarie upgraded Amcor from Neutral to Outperform
Stifel initiated coverage of Amcor with a rating of Hold and set a new price target of $10.80
Combination of Amcor and Berry Global Creates a Compelling Investment Opportunity, With 50%-70% in Potential Upside as Synergies are Realized and Valuation Re-Rates Ancora Holdings Group LLC (collectively with its affiliates, "Ancora") today released its positive investment thesis on Amcor plc (NYSE:AMCR, ASX: AMC)) ("Amcor") that was presented at the Bloomberg Activism Forum by James Chadwick, President of Ancora Alternatives LLC. This follows Amcor's recently announced merger with Berry Global Group, Inc. (NYSE:BERY) ("Berry"), which the companies expect to close in the middle of next year.1 The presentation can be accessed here. Key points from the presentation:2 The combined enti
Combination of Complementary Businesses Expands Product Offering and Capabilities to Support Higher Growth for Customers Combined R&D and Innovation Investment Accelerates Development of Sustainable Packaging Solutions and Delivers Greater Choice for Customers and Consumers $650 Million Annual Earnings Synergies Benefit Over 35% Adjusted Cash EPS Accretion Companies to Host Investor Conference Call Today at 8:00am U.S. Eastern Time ZURICH and EVANSVILLE, Ind., Nov. 19, 2024 /PRNewswire/ -- Amcor plc ("Amcor") (NYSE:AMCR, ASX: AMC)) and Berry Global Group, Inc. ("Berry") (NYSE:BERY), today announced they have entered into a definitive merger agreement, pursuant to which Amcor and Berry will c
ZURICH, Nov. 18, 2024 /PRNewswire/ -- Amcor (NYSE:AMCR) (ASX:AMC), a global leader in developing and producing responsible packaging solutions, today announced it has signed a Memorandum of Understanding (MOU) with U.K.-based technology pioneers, Power Roll Limited. Amcor and Power Roll's collaboration aims to revolutionize solar-powered energy by developing a lightweight solar photovoltaic film that can deliver a low-cost alternative to silicon solar panels. Power Roll's film material provides a lightweight and flexible solution that can be used on a variety of applications f
4 - Amcor plc (0001748790) (Issuer)
4 - Amcor plc (0001748790) (Issuer)
4 - Amcor plc (0001748790) (Issuer)
4 - Amcor plc (0001748790) (Issuer)
144 - Amcor plc (0001748790) (Subject)
425 - Amcor plc (0001748790) (Filed by)
425 - Amcor plc (0001748790) (Filed by)
Combination of Complementary Businesses Expands Product Offering and Capabilities to Support Higher Growth for Customers Combined R&D and Innovation Investment Accelerates Development of Sustainable Packaging Solutions and Delivers Greater Choice for Customers and Consumers $650 Million Annual Earnings Synergies Benefit Over 35% Adjusted Cash EPS Accretion Companies to Host Investor Conference Call Today at 8:00am U.S. Eastern Time ZURICH and EVANSVILLE, Ind., Nov. 19, 2024 /PRNewswire/ -- Amcor plc ("Amcor") (NYSE:AMCR, ASX: AMC)) and Berry Global Group, Inc. ("Berry") (NYSE:BERY), today announced they have entered into a definitive merger agreement, pursuant to which Amcor and Berry will c
Highlights - Three Months Ended September 30, 2024 Third consecutive quarter of sequential improvement in volume growth;Net sales of $3,353 million;GAAP Net income of $191 million; GAAP diluted earnings per share (EPS) of 13.2 cps;Adjusted EBIT of $365 million, up 3% on a comparable constant currency basis;Adjusted EPS of 16.2 cps, up 5% on a comparable constant currency basis; andQuarterly dividend increased to 12.75 cents per share.Fiscal 2025 outlook reaffirmed Adjusted EPS of 72-76 cents per share; Adjusted Free Cash Flow of $900-1,000 million.ZURICH, Oct. 31, 2024 /PRNewswire/ -- Amcor delivers another quarter of solid earnings and volume growth; Reaffirms FY25 guidance Amcor CEO Pe
ZURICH, Oct. 17, 2024 /PRNewswire/ -- Amcor plc (NYSE:AMCR, ASX: AMC))) will announce its First Quarter 2025 results for the three months ended 30 September 2024 after the US market closes on Thursday 31 October 2024. A conference call and webcast to discuss the results will be held at 5.30pm US Eastern Daylight Time on Thursday 31 October 2024 / 8.30am Australian Eastern Daylight Time on Friday 1 November 2024. For those wishing to participate in the call please use the following dial-in numbers: USA: 800 715 9871 (toll-free) 646 307 1963 (local) Australia: 1800 519 630 (toll-free) 02 9133 7103 (local) United Kingdom: 0800 358 0970 (toll-free) 020 3433 3846 (local) Hong Kong: +852 3002
ZURICH, Sept. 4, 2024 /PRNewswire/ -- Amcor (NYSE:AMCR, ASX: AMC))), a global leader in developing and producing responsible packaging solutions, today announced that its Board of Directors has appointed Peter Konieczny as Chief Executive Officer (CEO). Mr. Konieczny has served as Interim CEO since April 2024. The Board also intends to nominate him as a director for election at the Company's Annual Meeting of Shareholders which is expected to be held in November 2024. Amcor Chairman, Mr. Graeme Liebelt, said, "Peter has demonstrated exceptional leadership in every role he has
ZURICH, March 19, 2024 /PRNewswire/ -- Amcor (NYSE:AMCR, ASX: AMC))), a global leader in developing and producing responsible packaging solutions, announced today that after nine years as Chief Executive Officer (CEO), Ron Delia has informed the Board of Directors of his decision to retire from the Company and step down from the Board for health reasons, effective April 15, 2024. The Board has appointed Peter Konieczny, Amcor's current Chief Commercial Officer and a long-standing member of the Company's Global Management Team, as Interim CEO. Mr. Delia will provide continued
Consumer brand veteran brings wealth of global boardroom and management experience to leadership position Wolverine World Wide, Inc. (NYSE:WWW) today announced the appointment of Nicholas T. ("Tom") Long as Lead Independent Director of its Board of Directors, effective November 4, 2022. Long, a Wolverine Worldwide director since 2011 and current chair of the Compensation Committee, succeeds Dr. David T. Kollat, who will remain on the Board. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221104005390/en/(Photo: Business Wire) Long, 63, is a veteran of multiple consumer-focused brands and brings exceptional global experience from