Raymond James initates Amcor Plc (AMCR) stock to a Mkt perform

Amcor Plc’s recent filing unveils that its Former Director Bertone Andrea E. acquired Company’s shares for reported $0.1 million on Jun 10 ’25. In the deal valued at $9.21 per share,10,989 shares were bought.

Then, Bertone Andrea E. bought 10,855 shares, generating $100,198 in total proceeds.

Before that, Foufopoulos – De Ridder Lucrec bought 14,000 shares. Amcor Plc shares valued at $144,287 were divested by the Director at a price of $10.31 per share. As a result of the transaction, Foufopoulos – De Ridder Lucrec now holds 29,523 shares, worth roughly $0.27 million.

Raymond James initiated its Amcor Plc [AMCR] rating to a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Jefferies’s analysts, who increased its forecast for the stock in early February from “a Hold” to “a Buy”. Truist also remained covering AMCR and has increased its forecast on January 06, 2025 with a “Buy” recommendation from previously “Hold” rating. Citigroup revised its rating on January 06, 2025. It rated AMCR as “a Buy” which previously was an “a Neutral”.

Price Performance Review of AMCR

On Friday, Amcor Plc [NYSE:AMCR] saw its stock fall -1.52% to $9.10. Over the last five days, the stock has lost -0.11%. Amcor Plc shares have fallen nearly -3.29% since the year began. Nevertheless, the stocks have fallen -8.82% over the past one year. While a 52-week high of $11.48 was reached on 03/10/25, a 52-week low of $8.37 was recorded on 04/09/25.

Levels Of Support And Resistance For AMCR Stock

The 24-hour chart illustrates a support level at 9.03, which if violated will result in even more drops to 8.95. On the upside, there is a resistance level at 9.21. A further resistance level may holdings at 9.31.

How much short interest is there in Amcor Plc?

A steep rise in short interest was recorded in Amcor Plc stocks on 2025-05-30, dropping by -143.12 million shares to a total of 48.18 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 191.3 million shares. There was a decline of -297.07%, which implies that there is a negative sentiment for the stock.

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