Amcor PLC Shs Chess Depository Interests Maintains Hold Rating with Price Target of A$14.50

Ord Minnett reaffirms their Hold rating on Amcor PLC Shs Chess Depository Interests (AMC) with a price target of A$14.50. The analyst consensus rating is Strong Buy with an average price target of A$17.77. The company's shares opened at A$14.95.

Amcor PLC (NYSE:AMCR), a leading global packaging company, has received a significant boost from Jefferies Financial Group, which initiated coverage on the stock with a "Buy" rating and a price target of $12.00. Jefferies highlighted Amcor's strong risk-reward profile, citing favorable synergies from the acquisition of Berry Plastics (BERY) and the potential for earnings growth through strategic reorientation and divestment of non-core assets [1].

Meanwhile, Ord Minnett has reaffirmed their "Hold" rating on Amcor's shares with a price target of A$14.50. The analyst consensus rating stands at a strong "Buy" with an average price target of A$17.77. Amcor's shares opened at A$14.95 on July 2, 2025.

Amcor, headquartered in Zurich, Switzerland, provides responsible packaging solutions for various industries, including food, beverage, pharmaceutical, and personal care products. The company operates in over 40 countries and is known for its scale, innovation in sustainable packaging, and strategic acquisitions that have expanded its market reach and earnings potential.

While Jefferies views Amcor as an attractive investment with a compelling risk-reward profile, Ord Minnett believes the current valuation does not justify a "Buy" rating. The analyst consensus suggests a higher price target, indicating a broader market optimism towards the company's prospects.

References:
[1] https://finance.yahoo.com/news/jefferies-initiates-buy-amcor-amcr-044635920.html