Stock Rating Downgrade
During the last several trading days the Value Trend Rating for Greif Inc. (NYSE: GEF) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 8/31/21, Greif Inc. (NYSE: GEF) stock increased 1.2%, closing at $63.32. Trading volume in this advance was normal. The stock has risen 3.3% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, GEF is expected to continue to be a major Value Builder.
Greif has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Greif has a neutral Appreciation Score of 51 but a good Power Rating of 73, resulting in the High Neutral Value Trend Rating.