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Amcor (AMCR) Stock Forecast & Price Target

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$10.38 -0.10 (-0.95%)
(As of 11/26/2024 ET)

Amcor - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
4
Buy
1

Based on 5 Wall Street analysts who have issued ratings for Amcor in the last 12 months, the stock has a consensus rating of "Hold." Out of the 5 analysts, 4 have given a hold rating, and 1 has given a buy rating for AMCR.

Consensus Price Target

$10.94
5.34% Upside
According to the 5 analysts' twelve-month price targets for Amcor, the average price target is $10.94. The highest price target for AMCR is $11.10, while the lowest price target for AMCR is $10.80. The average price target represents a forecasted upside of 5.34% from the current price of $10.39.
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AMCR Analyst Ratings Over Time

TypeCurrent Forecast
11/27/23 to 11/26/24
1 Month Ago
10/28/23 to 10/27/24
3 Months Ago
8/29/23 to 8/28/24
1 Year Ago
11/27/22 to 11/27/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
Hold
4 Hold rating(s)
5 Hold rating(s)
5 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$10.94$10.78$10.73$10.40
Forecasted Upside5.34% Upside-1.97% Downside-4.51% Downside11.23% Upside
Consensus Rating
Hold
Hold
Hold
Reduce

AMCR Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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AMCR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Amcor Stock vs. The Competition

TypeAmcorIndustrial Products CompaniesS&P 500
Consensus Rating Score
2.20
2.59
2.50
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside5.29% Upside37.16% Upside6.79% Upside
News Sentiment Rating
Positive News

See Recent AMCR News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/15/2024Wells Fargo & Company
3 of 5 stars
G. Hajde
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Boost TargetEqual Weight ➝ Equal Weight$10.50 ➝ $10.80-4.85%
8/20/2024Citigroup
3 of 5 stars
 Boost TargetNeutral ➝ Neutral$10.00 ➝ $11.00+2.52%
8/16/2024Robert W. Baird
2 of 5 stars
 Boost TargetNeutral ➝ Neutral$10.00 ➝ $11.00+1.38%
8/13/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$10.00 ➝ $11.10+5.66%
7/9/2024Stifel Nicolaus
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 Initiated CoverageHold$10.80+12.21%
11/3/2023Truist Financial
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 Lower TargetHold ➝ Hold$11.00 ➝ $10.00+13.51%
7/10/2023Bank of America
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 DowngradeBuy ➝ Underperform
5/3/2023Jefferies Financial Group
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 UpgradeUnderperform ➝ Hold
2/8/2023Morgan Stanley
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 DowngradeEqual Weight ➝ Underweight

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 07:38 PM ET.


AMCR Forecast - Frequently Asked Questions

According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Amcor is $10.94, with a high forecast of $11.10 and a low forecast of $10.80.

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Amcor in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AMCR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AMCR, but not buy additional shares or sell existing shares.

According to analysts, Amcor's stock has a predicted upside of 5.34% based on their 12-month stock forecasts.

Amcor has been rated by research analysts at Wells Fargo & Company in the past 90 days.

Analysts like Amcor less than other "industrial products" companies. The consensus rating for Amcor is Hold while the average consensus rating for "industrial products" companies is Moderate Buy. Learn more on how AMCR compares to other companies.


This page (NYSE:AMCR) was last updated on 11/26/2024 by MarketBeat.com Staff
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