Amcor Limited Rating Reiterated by Deutsche Bank (AMC)
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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