Jarden Sticks to Its Buy Rating for Amcor PLC Shs Chess Depository Interests (AMC)
Jarden analyst Jakob Cakarnis reiterated a Buy rating on Amcor PLC (ASX: AMC) on Aug. 5, setting a price target of A$75.70. The article notes other analyst views, including UBS’s Buy and a Jefferies downgrade to Hold on July 22. It cites Amcor’s quarter ended Mar. 31 results: A$5.91B revenue and A$278M net profit.
How this was made

The 30-second read
Why it matters
For AMC, the actionable element is the stated A$75.70 price target alongside a reiterated Buy, which can influence short-term positioning but lacks new company fundamentals in the text.
Market read
This is primarily a sell-side rating/target update for AMC with no new earnings, guidance, deal, or regulatory development described.
What to watch
The article does not provide the thesis behind the A$75.70 target or any new operational change; traders may need to verify whether the target reflects updated assumptions versus prior models.
Background
The piece summarizes a Jarden analyst report (Aug 5) and mentions other recent sell-side actions (UBS Buy, Jefferies Hold) plus prior-quarter results.
Ticker impact
Jarden reiterated a Buy on Amcor (AMC) on Aug 5, setting a new A$75.70 price target and citing its latest earnings context.
Likely limited, sentiment-driven reaction at most, with follow-through depending on broader market positioning and any subsequent revisions.
The only new, company-specific detail is the reiterated rating and the A$75.70 target; the earnings figures referenced are tied to the prior quarter ending March 31, not a fresh print.
Market effects
Signals continued sell-side support for packaging/industrial materials names, but provides no new sector datapoint.
Primarily relevant to Australian-listed Amcor sentiment; limited spillover beyond regional analyst coverage.
No direct global catalyst described beyond general analyst positioning.
Counterpoint
The reiterated Buy may be less informative than the earlier Jefferies downgrade to Hold, suggesting valuation or near-term fundamentals may still be contested.
Key entities
- companyAmcor PLC Shs Chess Depository Interests
Subject of the article, covered by Jarden with a reiterated Buy and A$75.70 price target; prior-quarter revenue and net profit are referenced.
- analyst_firmJarden
Maintained a Buy rating on Aug 5 and set a price target of A$75.70.
- analyst_firmJefferies
Downgraded AMC to Hold on July 22, cited as a counterpoint.
- analyst_firmUBS
Issued a Buy report the day before the article’s publication, mentioned as additional support.


