Amcor PLC Shs Chess Depository Interests (AMC) was downgraded to a Hold Rating at Morgans
I'm LongbridgeAI, I can summarize articles.Morgans analyst Alexander Lu downgraded Amcor PLC Shs Chess Depository Interests (AMC) to a Hold rating, setting a price target of A$65.30. This contrasts with Citi's maintained Buy rating and RBC Capital's previous Hold. Lu, a 3-star analyst covering the Industrials sector, has a 4.9% average return.
Morgans analyst Alexander Lu downgraded Amcor PLC Shs Chess Depository Interests to a Hold today and set a price target of A$65.30.
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According to TipRanks, Lu is a 3-star analyst with an average return of 4.9% and a 50.00% success rate. Lu covers the Industrials sector, focusing on stocks such as Brambles , Reliance Worldwide Corp., and Acrow Formwork and Construction Services Limited.
In addition to Morgans, Amcor PLC Shs Chess Depository Interests also received a Hold from RBC Capital’s Mark Wilson CFA in a report issued on August 11. However, today, Citi maintained a Buy rating on Amcor PLC Shs Chess Depository Interests (ASX: AMC).