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Amcor Limited (ASX:AMC)‘s stock had its “buy” rating reiterated by Deutsche Bank in a research note issued on Wednesday. They currently have a $11.25 target price on the stock.

Shares of Amcor Limited (ASX:AMC) traded up 1.69% during mid-day trading on Wednesday, hitting A$10.230. 2,198,670 shares of the company’s stock traded hands. Amcor Limited has a 1-year low of A$8.9609 and a 1-year high of A$10.890. The stock has a 50-day moving average of A$10.46 and a 200-day moving average of A$10.41. The company has a market cap of A$12.344 billion and a price-to-earnings ratio of 23.23.

A number of other analysts have also recently weighed in on AMC. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Amcor Limited in a research note on Friday, July 4th. They noted that the move was a valuation call.

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

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