Amcor (AMCR) Seen Delivering "Competitive" Growth into FY27, Baird Turns Bullish

Amcor plc (NYSE:AMCR) is included among the 13 Best Dividend Stocks Paying Over 6%.

On January 7, Baird analyst Ghansham Panjabi upgraded Amcor plc (NYSE:AMCR) to Outperform from Neutral and kept his price target unchanged at $10. In a research note, Panjabi said Amcor is well-positioned to deliver “competitive” earnings growth through fiscal 2027. He expects that growth to be driven by synergies from Berry Global and ongoing debt deleveraging. Baird believes Amcor could post at least double-digit earnings growth through fiscal 2027.

On December 11, Amcor plc (NYSE:AMCR) announced it will move forward with the 1-for-5 reverse stock split that shareholders approved at the annual general meeting held on November 6, 2025. The company expects to file an amendment to its memorandum of association to complete the reverse split after the close of trading on January 14, 2026. AMCR’s ordinary shares are set to begin trading on a split-adjusted basis on January 15, 2026.

Amcor also said its CHESS Depositary Interests (“CDIs”) will be consolidated on a 1-for-5 basis as well. After the reverse split, one CDI will still represent an interest in one Amcor ordinary share.

Amcor operates in packaging solutions for consumer and healthcare products. The company develops sustainable packaging in both flexible and rigid formats, using multiple types of materials.

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