The Latest Breaking News from AMCR

Despite Amcor's underperformance relative to the broader Nasdaq Composite over the past year, Wall Street analysts remain moderately optimistic about the stock’s prospects.

Amcor has lagged behind the broader market over the past year, and analysts continue to express caution regarding its future prospects.

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Amcor has lagged the broader market over the past year, which has made Wall Street analysts cautious about the stock's prospects.

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Amcor (NYSE:AMCR) is set to give its latest quarterly earnings report on Tuesday, 2022-05-03. Here's what investors need to know before the announcement. Analysts estimate that Amcor will report an earnings per share (EPS) of $0.20.

Truist analyst Michael Roxland initiated coverage of Amcor PLC (NYSE:AMCR) with a Hold rating and $12 price target, implying a 6% upside. Roxland noted the shares of the packaging company are approaching fair valuation. Roxland noted with caution that the company is exploring options for its Russian business after the country’s Ukraine invasion forced it…

Amcor PLC (NYSE:AMCR) has launched a new platform of paper-based packaging products called AmFiber. AmFiber aims to redefine the capabilities of traditional paper packaging, providing a wider range of features and functional benefits. The first AmFiber product launch in 2022 will provide snacks and confectionery customers in Europe with a widely recyclable package,…

Amcor PLC (NYSE:AMCR) has made a $5 million strategic investment in an ultra-low-cost flexible electronics company, PragmatIC Semiconductor. Amcor's investment was part of the Series C funding round of more than $90 million for PragmatIC Semiconductor. PragmatIC's ConnectIC family of radio frequency identification and near-field communications (RFID/NFC) integrated chips can be embedded into the packaging…