Bank of America Securities Remains a Hold on Greif Class A (GEF)
In a report released yesterday, George Staphos from Bank of America Securities maintained a Hold rating on Greif Class A. The company’s shares closed yesterday at $65.27.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Staphos covers the Consumer Cyclical sector, focusing on stocks such as International Paper Co, Sealed Air, and Packaging. According to TipRanks, Staphos has an average return of 4.5% and a 51.76% success rate on recommended stocks.
Currently, the analyst consensus on Greif Class A is a Hold with an average price target of $74.50.
GEF market cap is currently $3.23B and has a P/E ratio of 18.77.
Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GEF in relation to earlier this year. Earlier this month, Timothy Bergwall, the SVP & CCO of GEF sold 2,000.00 shares for a total of $136,240.00.
Read More on GEF:
