Amcor PLC rises on strong market conditions
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 08 Jan 26
Source: 8-K
Amcor PLC's stock price increased by 3.57%, reaching a 20-day high amid mixed market performance, with the Nasdaq-100 down 0.56% and the S&P 500 virtually unchanged.
This rise is attributed to sector rotation, as investors are shifting their focus towards companies like Amcor PLC, which are perceived to be more resilient in the current market environment. The stock's performance stands out despite the overall market weakness.
The implications of this movement suggest that Amcor PLC may continue to attract investor interest, particularly if the trend of sector rotation persists, indicating a potential shift in market dynamics.
Analyst Views on AMCR
Wall Street analysts forecast AMCR stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for AMCR is 10.72 USD with a low forecast of 9.00 USD and a high forecast of 13.60 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
5 Buy
2 Hold
0 Sell
Moderate Buy
Current: 44.190
Low
9.00
Averages
10.72
High
13.60
Current: 44.190
Low
9.00
Averages
10.72
High
13.60
About AMCR
Amcor plc is engaged in packaging solutions for consumer and healthcare products. The Company develops sustainable packaging in flexible and rigid formats across multiple materials. The Company operates through two segments: Flexibles and Rigid Packaging. The Flexibles segment consists of operations that manufacture flexible and film packaging in the food and beverage, medical and pharmaceutical, fresh produce, snack food, personal care, and other industries. The Rigid Packaging segment consists of operations that manufacture rigid containers for a broad range of predominantly beverage and food products, including carbonated soft drinks, water, juices, sports drinks, milk-based beverages, spirits and wine, sauces, dressings, spreads and personal care items, and plastic caps for a wide variety of applications. The Company's subsidiaries include Berry Global Group Inc., Amcor Flexibles North America, Inc., Amcor UK Finance plc, Amcor Finance (USA), Inc., and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
