Truist Financial Sticks to Their Hold Rating for Greif Class A (GEF)
In a report released today, Michael Roxland from Truist Financial reiterated a Hold rating on Greif Class A (GEF – Research Report), with a price target of $72.00. The company’s shares closed last Friday at $66.46.
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Roxland covers the Consumer Cyclical sector, focusing on stocks such as O-I Glass, Silgan Holdings, and Sonoco Products. According to TipRanks, Roxland has an average return of 4.6% and a 52.94% success rate on recommended stocks.
In addition to Truist Financial, Greif Class A also received a Hold from Raymond James’s Matt Roberts in a report issued on June 6. However, on June 5, Bank of America Securities reiterated a Buy rating on Greif Class A (NYSE: GEF).
GEF market cap is currently $3.21B and has a P/E ratio of 18.73.
Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of GEF in relation to earlier this year.
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