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Truist Financial Reaffirms Their Hold Rating on Greif Class A (GEF)

Tipranks - Tipranks - Wed Jan 21, 7:12AM CST

Truist Financial analyst Michael Roxland reiterated a Hold rating on Greif Class A today and set a price target of $79.00.

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According to TipRanks, Roxland is a 4-star analyst with an average return of 5.5% and a 60.64% success rate. Roxland covers the Consumer Cyclical sector, focusing on stocks such as Greif Class A, Packaging, and International Paper Co.

Currently, the analyst consensus on Greif Class A is a Hold with an average price target of $71.25.

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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 62 insiders, corporate insider sentiment is neutral on the stock. Earlier this month, Timothy Bergwall, the SVP & CCO of GEF sold 2,000.00 shares for a total of $143,060.00.

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