Amcor (NYSE:AMCR) Price Target Cut to $44.00 by Analysts at JPMorgan Chase & Co.

Key Points

• JPMorgan cut its price target on Amcor from $50 to $44 while maintaining an "overweight" rating, implying roughly a 10% upside from the prior close.
• Amcor's Q3 results showed revenue of $5.91B (beat), EPS of $0.96 (in line), announced ~ $77M in acquisition synergies and a $0.65 quarterly dividend, highlighting progress from the Berry acquisition.
• Despite a consensus "Moderate Buy" rating and a $50.33 average price target, some analysts have trimmed ratings and there are noted concerns about strained free cash flow that could pressure near‑term outlook and multiples.

Amcor (NYSE:AMCR - Get Free Report) had its price target lowered by research analysts at JPMorgan Chase & Co. from $50.00 to $44.00 in a research report issued on Thursday,Benzinga reports. The brokerage currently has an "overweight" rating on the stock. JPMorgan Chase & Co.'s price objective would indicate a potential upside of 10.22% from the company's previous close.

AMCR has been the subject of several other research reports. Citigroup reaffirmed a "buy" rating on shares of Amcor in a research report on Thursday, February 12th. Truist Financial reissued a "buy" rating and issued a $51.00 target price (up from $50.00) on shares of Amcor in a research report on Thursday. Deutsche Bank Aktiengesellschaft initiated coverage on Amcor in a research report on Wednesday, April 1st. They issued a "buy" rating and a $50.00 target price for the company. Wells Fargo & Company lowered Amcor from an "overweight" rating to an "equal weight" rating and decreased their target price for the stock from $48.00 to $43.00 in a research report on Friday, March 20th. Finally, Morgan Stanley lowered Amcor from an "overweight" rating to an "equal weight" rating and set a $46.00 target price for the company. in a research report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and five have issued a Hold rating to the company's stock. According to MarketBeat, Amcor presently has a consensus rating of "Moderate Buy" and a consensus price target of $50.33.

Amcor Stock Down 0.7%

Shares of AMCR traded down $0.29 during trading hours on Thursday, hitting $39.92. The company had a trading volume of 2,827,064 shares, compared to its average volume of 5,853,012. The firm has a fifty day moving average price of $41.34 and a 200-day moving average price of $42.50. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.77 and a current ratio of 1.30. The stock has a market capitalization of $18.45 billion, a price-to-earnings ratio of 26.09, a P/E/G ratio of 1.05 and a beta of 0.63. Amcor has a 52-week low of $36.67 and a 52-week high of $50.94.

Amcor (NYSE:AMCR - Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.96 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.96. The firm had revenue of $5.91 billion during the quarter, compared to analyst estimates of $5.71 billion. Amcor had a return on equity of 15.57% and a net margin of 3.04%.Amcor's quarterly revenue was up 77.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.90 EPS. On average, equities research analysts forecast that Amcor will post 3.94 EPS for the current fiscal year.

Institutional Investors Weigh In On Amcor

Hedge funds and other institutional investors have recently made changes to their positions in the business. AdvisorNet Financial Inc purchased a new stake in shares of Amcor during the 1st quarter valued at about $25,000. Quent Capital LLC purchased a new stake in Amcor in the 3rd quarter worth approximately $27,000. DV Equities LLC purchased a new stake in Amcor in the 4th quarter worth approximately $27,000. Brown Lisle Cummings Inc. increased its holdings in Amcor by 137.9% in the 4th quarter. Brown Lisle Cummings Inc. now owns 3,450 shares of the company's stock worth $29,000 after acquiring an additional 2,000 shares in the last quarter. Finally, Larson Financial Group LLC increased its holdings in Amcor by 46.1% in the 4th quarter. Larson Financial Group LLC now owns 3,985 shares of the company's stock worth $33,000 after acquiring an additional 1,257 shares in the last quarter. Hedge funds and other institutional investors own 45.14% of the company's stock.

Amcor News Roundup

Here are the key news stories impacting Amcor this week:

• Positive Sentiment: Truist reaffirmed a "buy" rating and raised its price target to $51 (from $50), implying substantial upside versus the current level. Truist Raises Target
• Positive Sentiment: Amcor reported a revenue beat for Q3 and raised full‑year guidance (adjusted EPS guidance $3.98–$4.03), underscoring integration progress after the Berry acquisition. Revenue Beat & Guidance
• Positive Sentiment: The board declared a quarterly dividend of $0.65 (annualized yield ~6.5%; ex‑dividend May 28), which supports the stock’s income profile and may attract yield-seeking investors.
• Positive Sentiment: Operational results show sizable acquisition synergies (~$77M) and margin improvement (adjusted EBITDA and EBIT growth), signaling successful Berry integration. Q3 Results & Synergies
• Neutral Sentiment: Analysts collectively still rate AMCR around "Moderate Buy," reflecting consensus optimism but not unanimous conviction. Analyst Consensus
• Neutral Sentiment: Earnings matched consensus EPS ($0.96) while revenue surged year‑over‑year largely due to the Berry deal — results are in line with expectations but driven by acquisition scale. Earnings Match
• Neutral Sentiment: Amcor sold two North American facilities as part of portfolio optimization — a strategic move that trims non-core assets but is not transformational alone. Facilities Sale
• Negative Sentiment: Commentary from the earnings call and coverage flagged strained free cash flow despite synergy delivery, which raises short‑term financing and payout sustainability questions. Cash Flow Concerns
• Negative Sentiment: Some analyst notes point to softer end‑market demand and caution that parts of the outlook remain tempered despite the beat, which could limit near‑term multiple expansion. Demand Concerns

Amcor Company Profile

Amcor NYSE: AMCR is a global packaging company specializing in the design, development and production of flexible and rigid packaging solutions for food, beverage, pharmaceutical, medical, home and personal care, and other consumer and industrial products. The company's product portfolio encompasses flexible films, pouches, specialty cartons, rigid containers, metal closures and dispensing systems. Amcor's packaging solutions are engineered to preserve product quality, extend shelf life and meet the specific requirements of a wide range of end markets.

Founded in its current form in 2005 following a spin-off from a mining conglomerate, Amcor expanded its capabilities and geographic footprint through organic investments and strategic acquisitions.

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