Greif (GEF) Scheduled to Post Earnings on Wednesday

Greif (NYSE:GEF) is scheduled to be releasing its earnings data after the market closes on Wednesday, December 4th. Analysts expect Greif to post earnings of $1.08 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Greif Trading Up 0.5 %

GEF stock opened at $71.42 on Tuesday. Greif has a 1-year low of $55.95 and a 1-year high of $73.16. The company has a current ratio of 1.70, a quick ratio of 1.28 and a debt-to-equity ratio of 1.35. The business’s 50 day moving average is $65.06 and its 200-day moving average is $62.86. The firm has a market cap of $3.37 billion, a P/E ratio of 15.44 and a beta of 0.91.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on GEF. Stifel Nicolaus reaffirmed a “buy” rating and set a $88.00 price objective on shares of Greif in a report on Monday, August 26th. Wells Fargo & Company cut their price target on Greif from $80.00 to $76.00 and set an “overweight” rating on the stock in a research note on Monday, August 26th. Truist Financial reaffirmed a “hold” rating and issued a $67.00 target price (down previously from $69.00) on shares of Greif in a research note on Friday, August 30th. Sidoti started coverage on shares of Greif in a research note on Wednesday, November 20th. They issued a “buy” rating and a $93.00 price target on the stock. Finally, Bank of America decreased their price objective on Greif from $77.00 to $73.00 and set a “buy” rating for the company in a report on Friday, August 30th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, Greif presently has an average rating of “Moderate Buy” and a consensus price target of $79.40.

About Greif

Greif, Inc engages in the production and sale of industrial packaging products and services worldwide. The company operates through Global Industrial Packaging; Paper Packaging & Services; and Land Management segments. The Global Industrial Packaging segment produces and sells industrial packaging products, including steel, fiber, and plastic drums; rigid and flexible intermediate bulk containers; closure systems for industrial packaging products; transit protection products; water bottles, and remanufactured and reconditioned industrial containers; and various services, such as container life cycle management, filling, logistics, warehousing, and other packaging services to chemicals, paints and pigments, food and beverage, petroleum, industrial coatings, agriculture, pharmaceuticals, mineral product, and other industries.