Amcor (NYSE:AMCR) Given New $44.00 Price Target at JPMorgan Chase & Co.

Amcor (NYSE:AMCR) had its price target dropped by equities researchers at JPMorgan Chase & Co. from $50.00 to $44.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 10.22% from the stock’s previous close.

Other research analysts also recently issued reports about the company. Deutsche Bank Aktiengesellschaft began coverage on Amcor in a research report on Wednesday, April 1st. They set a “buy” rating and a $50.00 target price for the company. Weiss Ratings downgraded Amcor from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, April 27th. Morgan Stanley downgraded 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. Robert W. Baird set a $54.00 price target on Amcor in a report on Wednesday, February 4th. Finally, Wells Fargo & Company lowered Amcor from an “overweight” rating to an “equal weight” rating and decreased their price target for the company from $48.00 to $43.00 in a report on Friday, March 20th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $50.33.

Amcor Price Performance

AMCR stock traded down $0.29 during midday trading on Thursday, hitting $39.92. The company’s stock had a trading volume of 2,827,064 shares, compared to its average volume of 5,853,012. Amcor has a 12 month low of $36.67 and a 12 month high of $50.94. The company has a quick ratio of 0.77, a current ratio of 1.30 and a debt-to-equity ratio of 1.26. The firm has a market capitalization of $18.45 billion, a price-to-earnings ratio of 26.09, a price-to-earnings-growth ratio of 1.05 and a beta of 0.63. The company has a 50 day moving average of $41.34 and a two-hundred day moving average of $42.50.

Amcor (NYSE:AMCR) last posted its earnings results on Tuesday, May 5th. The company reported $0.96 EPS for the quarter, meeting analysts’ consensus estimates of $0.96. The firm had revenue of $5.91 billion during the quarter, compared to the consensus estimate of $5.71 billion. Amcor had a return on equity of 15.57% and a net margin of 3.04%.The company’s quarterly revenue was up 77.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.90 EPS. On average, analysts expect that Amcor will post 3.94 EPS for the current year.

Institutional Trading of Amcor

A number of hedge funds and other institutional investors have recently bought and sold shares of AMCR. Capital International Investors purchased a new position in shares of Amcor during the fourth quarter valued at $354,227,000. Norges Bank acquired a new stake in Amcor in the fourth quarter worth about $308,724,000. M&G PLC boosted its holdings in Amcor by 26.6% in the third quarter. M&G PLC now owns 108,333,984 shares of the company’s stock worth $866,672,000 after acquiring an additional 22,737,979 shares in the last quarter. Federated Hermes Inc. boosted its holdings in Amcor by 103.9% in the third quarter. Federated Hermes Inc. now owns 39,344,317 shares of the company’s stock worth $321,837,000 after acquiring an additional 20,052,979 shares in the last quarter. Finally, AQR Capital Management LLC boosted its holdings in Amcor by 398.6% in the second quarter. AQR Capital Management LLC now owns 16,015,722 shares of the company’s stock worth $147,184,000 after acquiring an additional 12,803,785 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.