Merrill Lynch analyst George Staphos maintained a Hold rating on Greif Inc (NYSE: GEF) today and set a price target of $65. The company’s shares opened today at $61.33.
According to TipRanks.com, Staphos is a 3-star analyst with an average return of 4.4% and a 60.9% success rate. Staphos covers the Consumer Goods sector, focusing on stocks such as Sonoco Products, Owens-Illinois, and Bemis Company.
Greif Inc has an analyst consensus of Hold, with a price target consensus of $56.67.
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Based on Greif Inc’s latest earnings release for the quarter ending January 31, the company reported a quarterly net profit of $56.5 million. In comparison, last year the company had a net profit of $36 million.
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Greif, Inc. engages in the production of industrial packaging products and services. It operates through the following segments: Rigid Industrial Packaging and Services, Paper Packaging and Services, Flexible Products and Services, and Land Management.
