Amcor Limited ADS (OTCMKTS:AMCRY) Upgraded at Zacks Investment Research
Zacks Investment Research upgraded shares of Amcor Limited ADS (OTCMKTS:AMCRY) from a hold rating to a buy rating in a report published on Tuesday, Zacks.com reports. They currently have $50.00 price objective on the stock.
According to Zacks, “Amcor Ltd. operations include the packaging, fibre packaging and paper manufacturing divisions. Packaging products are used in the beverage/food, industrial, metal, plastic and household products industries. Other interests include Spicers Papers Ltd., which manufactures paper stationery products and Kimberly-Clark Australia Ltd., which manufactures tissue and personel care products. “
OTCMKTS:AMCRY opened at $44.70 on Tuesday. The stock has a 50-day simple moving average of $44.70 and a two-hundred day simple moving average of $44.70. Amcor Limited ADS has a 52-week low of $35.75 and a 52-week high of $46.82.
Amcor Limited provides rigid and flexible packaging products for the food, beverage, healthcare, personal care, and other fast moving consumer end markets in Western Europe, North America, Australia, New Zealand, and internationally. It operates through Amcor Rigid Plastics, Amcor Flexibles, and Other/Investments segments.
Read More: Why do earnings reports matter?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Amcor Limited ADS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amcor Limited ADS and related companies with MarketBeat.com's FREE daily email newsletter.