JPMorgan upgrades Amcor to Overweight, PT $16.30

  • Investing.com
JPMorgan upgrades Amcor to Overweight, PT $16.30

A JPMorgan analyst upgraded Amcor (ASX: AMC) from Neutral to Overweight with a price target of $16.30 from a prior price target of %currency%%price%.

Prior to this rating, Amcor had 2 buy ratings, 9 hold ratings, and 3 sell ratings.

For consensus analyst estimates and price targets on Amcor, click here. For more news on Amcor, click here.

Amcor's stock price closed at $14.910. They are down -10.99% in the last month and down -10.930% in the last 12 months.

According to Investing Pro, Amcor's fair value is $16.752, an upside of 12.353%. Amcor's fair value comes with a low degree of uncertainty, according to InvestingPro.

Check out Amcor's recent earnings performance and financials here.

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