Stock Rating Upgrade
The Value Trend Rating for Greif Inc. (NYSE: GEF) improved in the last week from C to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
Greif Inc. (NYSE: GEF) stock rose slightly by 0.09% on 4/8/24. The stock closed at $65.47. This advance was accompanied by normal trading volume. The stock has been weak relative to the market over the last nine months and has declined -5.2% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, GEF is expected to continue to be a Value Builder.
Greif has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Greif has a neutral Power Rating of 59 and a slightly positive Appreciation Score of 66, with the Positive Value Trend Rating the result.
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