Amcor plc (NYSE:AMCR) is considered one of the best undervalued European stocks to buy now. Truist Securities reiterated its Buy rating and $60 price target for the company after it posted adjusted earnings per share of $0.86, surpassing expectations. The packaging manufacturer generated $55 million in synergies during the period, mostly due to G&A headcount decreases and procurement efficiency. Revenue synergies have increased to over $100 million annually following the Berry business merger. Amcor plc (NYSE:AMCR) specializes in packaging solutions for consumer and healthcare products, utilizing sustainable packaging materials in both flexible and rigid formats.

Read more at Yahoo Finance: Amcor (AMCR) Delivers Strong EPS and Synergy Gains After Berry Merger, Truist Reiterates Buy