Amcor ‘defensive’ play while REA and Credit Corp bets on recovery

Analysts expect solid performance from the packaging company but caution prospects for the debt collector and property ad giant are already reflected in the share price.

Simon Evans, Liam Walsh and Miranda Ward

Feb 10, 2021 – 12.00am

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Amcor

Industry background: Amcor is the world’s largest consumer packaging company with 230 factories worldwide, most of them in the US and Europe, and is listed on both the ASX and the New York Stock Exchange. It has benefited from the shift to stay-at-home consumption during COVID-19, with its core business providing packaging for food and beverage manufacturers, pet food makers and healthcare products.