Amcor upgraded by Citigroup with a new price target
$AMCR
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Consumer Discretionary
Citigroup upgraded Amcor from Neutral to Buy and set a new price target of $12.00 from $11.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/3/2025 | Hold → Buy | Jefferies | |
| 1/6/2025 | $11.00 → $12.00 | Neutral → Buy | Citigroup |
| 1/6/2025 | $10.00 → $12.00 | Hold → Buy | Truist |
| 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 |
Jefferies upgraded Amcor from Hold to Buy
Citigroup upgraded Amcor from Neutral to Buy and set a new price target of $12.00 from $11.00 previously
Truist upgraded Amcor from Hold to Buy and set a new price target of $12.00 from $10.00 previously
425 - Amcor plc (0001748790) (Filed by)
425 - Amcor plc (0001748790) (Filed by)
425 - Amcor plc (0001748790) (Filed by)
4 - Amcor plc (0001748790) (Issuer)
4 - Amcor plc (0001748790) (Issuer)
4 - Amcor plc (0001748790) (Issuer)
SC 13G/A - Amcor plc (0001748790) (Subject)
SC 13G/A - Amcor plc (0001748790) (Subject)
SC 13G/A - Amcor plc (0001748790) (Subject)
4 - Amcor plc (0001748790) (Issuer)
4 - Amcor plc (0001748790) (Issuer)
4 - Amcor plc (0001748790) (Issuer)
December 2024 Quarter Highlights: Further sequential improvement in year over year volume growth;Net sales of $3,241 million;GAAP Net income of $163 million; GAAP diluted earnings per share (EPS) of 11.3 cps;Adjusted EBIT of $363 million, up 5% on a comparable constant currency basis;Adjusted EPS of 16.1 cps, up 5% on a comparable constant currency basis; andAnnounced highly complementary and financially compelling combination with Berry GlobalFiscal 2025 First Half Highlights: Net sales of $6,594 million;GAAP Net income of $354 million; GAAP diluted EPS of 24.4 cps;Adjusted EBIT of $728 million, up 4% on a comparable constant currency basis; andAdjusted EPS of 32.2 cps, up 5% on a comparabl
Joint Proxy Statement Filed with U.S. Securities and Exchange Commission Amcor and Berry Global Shareholder Meetings to take place on 25 February 2025 Amcor plc ("Amcor") (NYSE:AMCR, ASX: AMC)) and Berry Global Group, Inc. ("Berry") (NYSE:BERY) today announce that an important milestone towards the completion of their previously announced all-stock transaction has been reached, with filing of the definitive joint proxy statement ("the Joint Proxy Statement') with the U.S. SEC. The Joint Proxy Statement includes notices of Amcor and Berry shareholder meetings that will both take place on Tuesday 25 February, 2025. This transaction brings together two highly complementary businesses to
Joint Proxy Statement Filed with U.S. Securities and Exchange Commission Amcor and Berry Global Shareholder Meetings to take place on 25 February 2025 ZURICH and EVANSVILLE, Ind. , Jan. 23, 2025 /PRNewswire/ -- Amcor plc ("Amcor") (NYSE:AMCR, ASX: AMC)) and Berry Global Group, Inc. ("Berry") (NYSE:BERY) today announce that an important milestone towards the completion of their previously announced all-stock transaction has been reached, with filing of the definitive joint proxy statement ("the Joint Proxy Statement') with the U.S. SEC. The Joint Proxy Statement includes notices of Amcor and Berry shareholder meetings that will both take place on Tuesday 25 February, 2025.
ZURICH, March 24, 2025 /PRNewswire/ -- Amcor (NYSE:AMCR) (ASX:AMC), a global leader in developing and producing responsible packaging solutions, announced the extension of the application period for a new challenge under its Amcor Lift-Off initiative, the Amcor Lift-Off Sprints. The challenge aims to support innovative companies that provide new, innovative compostable or recyclable barrier coatings solutions for paper and other compostable substrates. The Amcor Lift-Off initiative is designed to foster technical collaborations with start-ups and innovators whose solutions add
ZURICH, March 13, 2025 /PRNewswire/ -- Amcor plc (NYSE:AMCR, ASX:AMC)) ("Amcor") announced today that Amcor Flexibles North America, Inc. ("AFNA"), a wholly-owned subsidiary of Amcor, has priced a private offering (the "Offering") of guaranteed senior notes in an aggregate principal amount of $2.2 billion (collectively, the "Notes"). The Notes consist of (i) US$725,000,000 principal amount of 4.800% Guaranteed Senior Notes due 2028, (ii) US$725,000,000 principal amount of 5.100% Guaranteed Senior Notes due 2030 and (iii) US$750,000,000 principal amount of 5.500% Guaranteed Senior Notes due 2035. The Offering is expected to close on March 17, 2025, subject to the satisfaction of customary clo
ZURICH and EVANSVILLE, Ind., March 11, 2025 /PRNewswire/ -- Amcor plc ("Amcor") (NYSE:AMCR, ASX: AMC)) and Berry Global Group, Inc. ("Berry") (NYSE:BERY) today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 ("HSR Act") in connection with the previously announced combination of the two companies. Expiration of the waiting period satisfies another closing condition necessary for completing the combination. The companies also confirm that a number of additional approvals have been received from regulatory authorities in recent weeks, including antitrust clearances from China and Brazil. Progress toward obtaining remaining regulat
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