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Robert W. Baird Stick to Their Hold Rating for Amcor PLC

May 06, 2021 04:38AM ET
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Robert W. Baird analyst Ghansham Panjabi maintained a Hold rating on Amcor (NYSE:AMCR) PLC on Wednesday, setting a price target of $12, which is approximately 2.28% below the present share price of $12.28.

Panjabi expects Amcor PLC to post earnings per share (EPS) of $0.14 for the second quarter of 2021.

The current consensus among 5 TipRanks analysts is for a Hold rating of shares in Amcor, with an average price target of $12.16.
The analysts price targets range from a high of $12.47 to a low of $12.

In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $3.1 billion and a net profit of $330 million. The company's market cap is $19.18 billion.

According to TipRanks.com, Robert W. Baird analyst Ghansham Panjabi is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 19.2% and a 78.54% success rate.

Amcor Plc operates as a holding company, which engages in the provision of consumer packaging business. It operates through the Flexibles and Rigid Packaging (NYSE:PKG) segments. The Flexibles segment develops and supplies flexible packaging globally. The Rigid Plastics segment manufactures rigid plastic containers and related products. The company was founded on July 31, 2018 and is headquartered in Warmley, the United Kingdom.

Robert W. Baird Stick to Their Hold Rating for Amcor PLC
 

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