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Greif Class A (GEF) Gets a Hold from Bank of America Securities

Tipranks - Tipranks - Tue Jan 6, 7:12AM CST

Bank of America Securities analyst George Staphos maintained a Hold rating on Greif Class A today and set a price target of $74.00.

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According to TipRanks, Staphos is a 4-star analyst with an average return of 4.1% and a 51.44% success rate. Staphos covers the Consumer Cyclical sector, focusing on stocks such as Packaging, Graphic Packaging, and International Paper Co.

In a report released on December 22, Truist Financial also reiterated a Hold rating on the stock with a $71.00 price target.

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Based on Greif Class A’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $146.9 million and a net profit of $720.1 million. In comparison, last year the company earned a revenue of $1.16 billion and had a net profit of $87.1 million

Based on the recent corporate insider activity of 55 insiders, corporate insider sentiment is neutral on the stock. Last month, Timothy Bergwall, the SVP & CCO of GEF sold 2,000.00 shares for a total of $129,960.00.

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