- Amcor (AMCR, Financial) enhances Asian healthcare packaging with a new advanced facility in Malaysia.
- Analysts predict a potential 19.45% upside for Amcor PLC stock over the next year.
- GuruFocus estimates a similar upside based on GF Value metrics.
Amcor (AMCR) has made a strategic move by launching a new advanced coating facility in Selangor, Malaysia. This development significantly boosts the healthcare packaging supply chain throughout Asia. The facility is pioneering the use of air knife coating technology in the region, a move aimed at enhancing production efficiency and cutting down lead times for medical device packaging.
Wall Street Analysts Forecast
Amcor PLC (AMCR, Financial) has received favorable attention from analysts, with 8 experts providing a one-year average price target of $11.18. The forecasted price ranges between a high of $12.00 and a low of $10.00. This average target suggests a potential upside of 19.45% from the current trading price of $9.36. For more detailed projections, investors can visit the Amcor PLC (AMCR) Forecast page.
Brokerage consensus rates Amcor PLC (AMCR, Financial) at 2.3, indicating an "Outperform" status. This ranks on a scale where 1 means Strong Buy and 5 signifies a Sell recommendation.
Furthermore, according to GuruFocus estimates, the estimated GF Value for Amcor PLC (AMCR, Financial) is projected at $11.18 within a year. This aligns with a potential upside of 19.44% from the stock's current price of $9.36. The GF Value reflects GuruFocus's projection of the stock's fair trading value, derived from historical trading multiples, past business growth, and future business performance estimates. For comprehensive insights, refer to the Amcor PLC (AMCR) Summary page.
