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Amcor Limited (ASX:AMC)‘s stock had its “buy” rating reaffirmed by investment analysts at Deutsche Bank in a note issued to investors on Monday, ARN reports. They currently have a $10.50 price objective on the stock. The analysts noted that the move was a valuation call.

Shares of Amcor Limited (ASX:AMC) opened at 10.450 on Monday. Amcor Limited has a one year low of A$7.3492 and a one year high of A$10.790. The stock’s 50-day moving average is A$10.28 and its 200-day moving average is A$9.73. The company has a market cap of A$12.598 billion and a P/E ratio of 21.08.

Amcor Limited is an Australia-base packaging company. The Company offers solutions for the packaging industry.

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