---
title: "Amcor PLC Shs Chess Depository Interests (AMC) was downgraded to a Hold Rating at Morgans"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295859778.md"
description: "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."
datetime: "2026-08-13T23:35:39.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295859778.md)
  - [en](https://longbridge.com/en/news/295859778.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295859778.md)
---

# Amcor PLC Shs Chess Depository Interests (AMC) was downgraded to a Hold Rating at Morgans

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).

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