Wells Fargo & Company Downgrades Amcor (NYSE:AMCR) to Equal Weight

Amcor (NYSE:AMCR) was downgraded by equities researchers at Wells Fargo & Company from an “overweight” rating to an “equal weight” rating in a research note issued to investors on Friday, MarketBeat.com reports. They currently have a $43.00 target price on the stock, down from their previous target price of $48.00. Wells Fargo & Company‘s target price would suggest a potential upside of 12.42% from the stock’s current price.

AMCR has been the subject of a number of other reports. Citigroup restated a “buy” rating on shares of Amcor in a research note on Thursday, February 12th. Robert W. Baird set a $54.00 target price on shares of Amcor in a research note on Wednesday, February 4th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Amcor in a report on Wednesday, January 21st. Truist Financial boosted their target price on shares of Amcor from $55.00 to $60.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. Finally, Morgan Stanley cut shares of Amcor from an “overweight” rating to an “equal weight” rating and set a $46.00 price target for the company. in a report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Amcor currently has a consensus rating of “Moderate Buy” and a consensus price target of $52.25.

Amcor Stock Performance

Shares of NYSE AMCR opened at $38.25 on Friday. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.77 and a current ratio of 1.30. The firm has a market cap of $17.67 billion, a price-to-earnings ratio of 25.00, a P/E/G ratio of 0.89 and a beta of 0.65. The business’s 50-day simple moving average is $45.17 and its 200-day simple moving average is $42.68. Amcor has a 52 week low of $38.02 and a 52 week high of $50.94.

Amcor (NYSE:AMCR) last issued its quarterly earnings data on Tuesday, February 3rd. The company reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.83 by $0.03. The business had revenue of $3.24 billion for the quarter, compared to the consensus estimate of $5.53 billion. Amcor had a return on equity of 15.57% and a net margin of 3.04%.The firm’s revenue was up 68.1% compared to the same quarter last year. During the same period last year, the business earned $0.80 EPS. Amcor has set its FY 2026 guidance at 4.000-4.150 EPS. As a group, equities research analysts expect that Amcor will post 0.74 earnings per share for the current fiscal year.

Institutional Trading of Amcor

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Amcor by 8.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 268,381 shares of the company’s stock valued at $2,596,000 after buying an additional 20,757 shares during the period. Focus Partners Wealth increased its stake in Amcor by 11.3% during the first quarter. Focus Partners Wealth now owns 43,137 shares of the company’s stock valued at $418,000 after acquiring an additional 4,396 shares during the period. Sivia Capital Partners LLC acquired a new position in Amcor in the 2nd quarter valued at approximately $138,000. Creative Planning lifted its position in shares of Amcor by 82.8% in the 2nd quarter. Creative Planning now owns 224,585 shares of the company’s stock worth $2,064,000 after acquiring an additional 101,751 shares during the period. Finally, Cetera Investment Advisers lifted its position in shares of Amcor by 26.1% in the 2nd quarter. Cetera Investment Advisers now owns 382,557 shares of the company’s stock worth $3,516,000 after acquiring an additional 79,099 shares during the period. 45.14% of the stock is currently owned by institutional investors and hedge funds.

Amcor News Roundup

Here are the key news stories impacting Amcor this week:

• Positive Sentiment: Amcor’s Winterbourne site achieved ISO 13485 certification, strengthening its capabilities and positioning in healthcare packaging — a potential long-term revenue and margin positive in medical segments. Amcor’s Winterbourne site achieves ISO 13485 certification
• Positive Sentiment: Amcor’s Earth Sense® Pro won a sustainability award from the Flexible Packaging Association — boosts ESG credentials and supports demand from sustainability-focused customers. Amcor’s Earth Sense® Pro wins FPA award
• Neutral Sentiment: Industry/ETF flow dynamics: coverage noting Amcor is drawing interest as S&P 500 fund trends evolve — could alter passive/active flows but impact is uncertain until reweighting occurs. Amcor Draws Interest As S&P 500 Fund Trends Evolve
• Neutral Sentiment: Valuation/DCF debate: a recent note reviews conflicting discounted cash‑flow signals after share weakness — highlights investor disagreement on fair value and sensitivity to assumptions. That keeps sentiment mixed. A Look At Amcor Valuation After Recent Share Price Weakness And Conflicting DCF Signals
• Neutral Sentiment: Market commentary notes Amcor has recently outperformed some indices, and analysts remain moderately optimistic — but this hasn’t prevented near-term downside pressure from fresh analyst actions. Is Amcor Stock Outperforming the Nasdaq?
• Negative Sentiment: Wells Fargo downgraded Amcor from Overweight to Equal Weight and cut its price target to $43 from $48 — a clear near-term headwind that likely pressured the stock as analysts reprice upside. Wells Fargo downgrades Amcor (AMCR)
• Negative Sentiment: Short-term market action: headlines and market data report the stock fell and underperformed the market on recent sessions, with above-average volume — signals investors are taking profits or reducing exposure after recent gains. Amcor PLC stock falls Thursday, underperforms market

About Amcor

Amcor (NYSE: AMCR) is a global packaging company specializing in the design, development and production of flexible and rigid packaging solutions for food, beverage, pharmaceutical, medical, home and personal care, and other consumer and industrial products. The company’s product portfolio encompasses flexible films, pouches, specialty cartons, rigid containers, metal closures and dispensing systems. Amcor’s packaging solutions are engineered to preserve product quality, extend shelf life and meet the specific requirements of a wide range of end markets.

Founded in its current form in 2005 following a spin-off from a mining conglomerate, Amcor expanded its capabilities and geographic footprint through organic investments and strategic acquisitions.