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, with a price target of $72.00. The company’s shares closed last Friday at $66.44.

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According to TipRanks, Roxland is a 4-star analyst with an average return of 6.2% and a 58.74% success rate. Roxland covers the Consumer Cyclical sector, focusing on stocks such as Ball, Greif Class A, and International Paper Co.

Currently, the analyst consensus on Greif Class A is a Hold with an average price target of $72.00.

GEF market cap is currently $3.22B and has a P/E ratio of 18.72.

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.