Stock Rating Downgrade
The Value Trend Rating for Greif Inc. (NYSE: GEF) weakened in recent days from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Greif Inc. (NYSE: GEF) stock increased 2.0% on 9/13/24. The shares closed at $61.12. However, trading volume in this advance was below average at 68% of normal. The stock has performed in line with the market over the last nine months and has risen 1.3% during the last week.
Current PriceTarget Research Rating
GEF’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Greif has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Greif has a good Appreciation Score of 72 but a slightly negative Power Rating of 35, and the Neutral Value Trend Rating results.
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