On July 2, 2025, Jefferies initiated coverage on Amcor (AMCR, Financial), providing investors with a fresh perspective on the company's stock. The renowned analyst firm has given Amcor a "Buy" rating, signaling confidence in the company's potential for future growth.
Philip Ng, the analyst from Jefferies, announced a price target of USD 12.00 for Amcor (AMCR, Financial). This initiation comes as the first official target set by Jefferies, marking a strategic position on this packaging company listed on the NYSE.
The announcement places Amcor (AMCR, Financial) under investor focus, as this "Buy" recommendation indicates Jefferies' positive outlook on the stock. With no prior rating or price target for comparison, the initiation marks a new chapter in the company's market evaluation.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 10 analysts, the average target price for Amcor PLC (AMCR, Financial) is $11.34 with a high estimate of $13.00 and a low estimate of $10.00. The average target implies an upside of 19.79% from the current price of $9.47. More detailed estimate data can be found on the Amcor PLC (AMCR) Forecast page.
Based on the consensus recommendation from 12 brokerage firms, Amcor PLC's (AMCR, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Amcor PLC (AMCR, Financial) in one year is $15.24, suggesting a upside of 60.93% from the current price of $9.47. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Amcor PLC (AMCR) Summary page.