Amcor plc (AMCR) Tops Q4 EPS by 1c, provides guidance

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Go back to Amcor plc (AMCR) Tops Q4 EPS by 1c, provides guidance

Amcor Plc. (AMCR) PT Raised to $8.75 at Goldman Sachs

August 16, 2024 6:08 AM EDT

Goldman Sachs analyst Adam Samuelson raised the price target on Amcor Plc. (NYSE: AMCR) to $8.75 (from $8.50) while maintaining a Sell rating.

The analyst comments "AMCR FY4Q24 results were essentially inline with our incoming expectations, with better-than-expected volumes and a 1% EBIT beat attributable to lower corporate expense. A return to volume growth in Flexibles (+3% vs. GSe -1%) was fairly... More