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Truist Financial Remains a Hold on Greif Class A (GEF)

Tipranks - Tue Feb 3, 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 Graphic Packaging.

In addition to Truist Financial, Greif Class A also received a Hold from TipRanks – xAI’s xAi Packaging and Containers in a report issued on January 31. However, on January 29, TipRanks – PerPlexity upgraded Greif Class A (NYSE: GEF) to a Buy.

Based on Greif Class A’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $994.8 million and a net profit of $174.6 million. In comparison, last year the company earned a revenue of $1.27 billion and had a net profit of $8.6 million

Based on the recent corporate insider activity of 52 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 $143,060.00.

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