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Barchart
Barchart
Sohini Mondal

Amcor Stock Outlook: Is Wall Street Bullish or Bearish?

Amcor AMCR

With a market cap of $17.4 billion, Amcor plc (AMCR) produces and sells flexible and rigid packaging solutions across Europe, North America, Latin America, and the Asia Pacific. It serves industries such as food, beverage, healthcare, and personal care through its Global Flexible Packaging and Global Rigid Packaging segments.

Shares of the Zurich, Switzerland-based company have underperformed the broader market over the past 52 weeks. AMCR stock has decreased 18.5% over this time frame, while the broader S&P 500 Index ($SPX) has gained 29%. Moreover, shares of the company have declined 8.9% on a YTD basis, compared to SPX's 5.6% return.

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