Wells Fargo Downgrades Amcor (AMCR) to Equal Weight with a $43 Price Target [Yahoo! Finance]
Amcor plc Ordinary Shares (AMCR)
Last amcor plc ordinary shares earnings: 2/11 04:15 pm
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Source: Yahoo! Finance
On March 20, 2026, Wells Fargo downgraded Amcor plc (NYSE:AMCR) to Equal Weight from Overweight and lowered its price target to $43 from $48. Wells Fargo said the share price reaction tied to the Iran conflict has been “disproportionate” across the packaging sector and noted a preference for companies with low leverage, high U.S. concentration, and “defensive” production exposures. Wells Fargo also adjusted ratings across the group. Last month, Amcor plc (NYSE:AMCR) reported Q2 adjusted EPS of 86c, above the 84c consensus estimate, while revenue came in at $5.449B compared with the $5.52B consensus. CEO Peter Konieczny said performance was “in line with expectations” despite a challenging volume environment, pointing to adjusted EPS growth supported by disciplined execution and synergy benefits from the Berry acquisition. Konieczny added that the first-half performance supports confidence in reaffirming fiscal 2026 earnings and free cash flow guidance, while portfolio optimization
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AMCR
News
- Amcor upgrades UniPak pot for dairy with reduced material use [Yahoo! Finance]Yahoo! Finance
- Amcor (AMCR) was downgraded by Wells Fargo & Company from "overweight" to "equal weight". They now have a $43.00 price target on the stock, down from $48.00.MarketBeat
- Is Amcor Stock Outperforming the Nasdaq? [Yahoo! Finance]Yahoo! Finance
- Amcor's Earth Sense® Pro wins FPA award for advancing ultra-performance stretch hand filmPR Newswire
- Amcor delivers tethered bottle closures to Vöslauer [Yahoo! Finance]Yahoo! Finance
AMCR
Earnings
- 2/3/26 - Beat
AMCR
Sec Filings
- 3/26/26 - Form SCHEDULE
- 3/10/26 - Form 8-K
- 3/9/26 - Form 424B5
- AMCR's page on the SEC website