BofA cuts Amcor target to USD 47: Amcor plc stock has 5.29 percent upside
Published on 10/20/2026 at 21:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and revenue
- On October 6, 2026, BofA cut its Amcor target from USD 52.00 to USD 47.00.
- Amcor reported USD 6.40 billion quarterly revenue for June 2026, up from USD 5.08 billion.
- Amcor plc stock costs EUR 39.10 at Lang & Schwarz on October 20, 2026 at 9:08 p.m. CEST.
Amcor plc (ISIN AU000000AMC4) had its BofA price target cut from USD 52.00 to USD 47.00 on October 6, 2026, while the new target stood 5.29 percent above the NYSE price of USD 44.64 on October 20, 2026. Markets Insider reported that BofA retained a Buy rating. Amcor stock was trading at EUR 39.10 at Lang & Schwarz on October 20, 2026 at 9:08 p.m. CEST.
Revenue rose in June 2026
Amcor reported USD 6.40 billion in quarterly revenue for the period ending June 30, 2026, compared with USD 5.08 billion a year earlier. Net profit reached USD 389.00 million, while the prior-year period recorded a GAAP net loss of USD 39.00 million, according to Markets Insider.
US price remains below its high
Amcor traded at USD 44.64 on the NYSE on October 20, 2026 at 3:11 p.m. EDT. Its USD 36.25 to USD 50.94 52-week range places the stock 12.37 percent below its high and 23.14 percent above its low. Market capitalization stood at USD 20.6 billion, with 1,525,138 shares changing hands at the recorded time.
What does the target imply?
The revised USD 47.00 target is 5.29 percent above the USD 44.64 NYSE price. Amcor's price-to-earnings ratio was 16.62 on October 20, 2026. Wells Fargo analyst Gabrial Hajde maintained a Hold rating and set a USD 44.00 target on October 19, 2026, according to Markets Insider.
The euro quote after hours
For investors in Germany, the late euro indication was EUR 39.10 at Lang & Schwarz on October 20, 2026 at 9:08 p.m. CEST. The company operates in packaging and serves consumer and healthcare markets across more than 40 countries. The further course of trading is shown by the continuously updated real-time quote of Amcor plc stock.
Amcor plc market facts
- Company: Amcor plc
- ISIN: AU000000AMC4
- Ticker: AMCR
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 20, 2026, 9:08 p.m. CEST): EUR 39.10
- Market capitalization: USD 20.6 billion (as of October 20, 2026)
- 52-week range: USD 36.25-50.94 (as of October 20, 2026)
- Sector / Industry: Consumer Cyclical / Packaging & Containers
Market context: Market report S&P 500.
