Shares of Greif, Inc. (NYSE:GEF) have earned an average recommendation of “Hold” from the ten ratings firms that are presently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, two have given a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $64.00.

GEF has been the subject of a number of research reports. BMO Capital Markets reiterated a “hold” rating and set a $57.00 price objective on shares of Greif in a report on Wednesday, December 13th. Zacks Investment Research downgraded Greif from a “hold” rating to a “sell” rating in a report on Thursday, November 30th. KeyCorp reiterated a “sell” rating on shares of Greif in a report on Friday, November 10th. Bank of America upgraded Greif from a “neutral” rating to a “buy” rating and set a $70.00 price objective for the company in a report on Tuesday, January 2nd. They noted that the move was a valuation call. Finally, Robert W. Baird reiterated a “buy” rating and set a $66.00 price objective on shares of Greif in a report on Friday, November 10th.

Several large investors have recently bought and sold shares of GEF. AXA boosted its position in Greif by 39.4% during the fourth quarter. AXA now owns 190,100 shares of the industrial products company’s stock valued at $11,516,000 after purchasing an additional 53,700 shares during the last quarter. Alambic Investment Management L.P. boosted its position in Greif by 20.2% during the fourth quarter. Alambic Investment Management L.P. now owns 187,311 shares of the industrial products company’s stock valued at $11,347,000 after purchasing an additional 31,495 shares during the last quarter. American Century Companies Inc. boosted its position in Greif by 196.2% during the fourth quarter. American Century Companies Inc. now owns 86,530 shares of the industrial products company’s stock valued at $5,242,000 after purchasing an additional 57,317 shares during the last quarter. GSA Capital Partners LLP boosted its position in Greif by 150.9% during the third quarter. GSA Capital Partners LLP now owns 86,007 shares of the industrial products company’s stock valued at $5,035,000 after purchasing an additional 51,726 shares during the last quarter. Finally, LSV Asset Management boosted its position in Greif by 73.2% during the fourth quarter. LSV Asset Management now owns 71,200 shares of the industrial products company’s stock valued at $4,313,000 after purchasing an additional 30,100 shares during the last quarter. Institutional investors and hedge funds own 48.56% of the company’s stock.

Shares of Greif (NYSE GEF) traded down $0.16 during trading on Tuesday, hitting $54.50. The company’s stock had a trading volume of 152,459 shares, compared to its average volume of 165,645. Greif has a 12 month low of $50.94 and a 12 month high of $65.60. The company has a market capitalization of $2,583.95, a P/E ratio of 26.98, a P/E/G ratio of 1.83 and a beta of 1.21. The company has a quick ratio of 1.04, a current ratio of 1.45 and a debt-to-equity ratio of 0.90.

Greif (NYSE:GEF) last posted its quarterly earnings data on Wednesday, December 6th. The industrial products company reported $0.98 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.89 by $0.09. The business had revenue of $968.00 million during the quarter, compared to the consensus estimate of $931.96 million. Greif had a return on equity of 17.06% and a net margin of 3.26%. Greif’s quarterly revenue was up 11.6% on a year-over-year basis. During the same period last year, the company earned $0.65 earnings per share. equities research analysts expect that Greif will post 3.4 EPS for the current fiscal year.

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Greif Company Profile

Greif, Inc is a producer of industrial packaging products and services. The Company’s segments are Rigid Industrial Packaging & Services; Paper Packaging & Services; Flexible Products & Services, and Land Management. The Rigid Industrial Packaging & Services segment is engaged in the production and sale of rigid industrial packaging products, and services, such as container life cycle management, filling, logistics, warehousing and other packaging services.

Analyst Recommendations for Greif (NYSE:GEF)

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