KeyBanc analyst Adam Josephson maintained a Sell rating on Greif (NYSE:GEF) Class A on Thursday, setting a price target of $58, which is approximately 7.95% below the present share price of $63.01.
Josephson expects Greif Class A to post earnings per share (EPS) of $1.90 for the fourth quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Hold rating of shares in Greif Class A, with an average price target of $70.2.
The analysts price targets range from a high of $77 to a low of $58.
In its latest earnings report, released on 07/31/2021, the company reported a quarterly revenue of $1.49 billion and a net profit of $176.2 million. The company's market cap is $3.75 billion.
According to TipRanks.com, KeyBanc analyst Adam Josephson is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -4.8% and a 53.74% success rate.
Greif, Inc. engages in the production of industrial packaging products and services. It operates through the following segments: Rigid Industrial Packaging (NYSE:PKG) and Services, Paper Packaging and Services, Flexible Products and Services, and Land Management. The Rigid Industrial Packaging and Services segment involves the production and sale of rigid industrial packaging products, such as steel, fibre and plastic drums, rigid intermediate bulk containers, closure systems for industrial packaging products, transit protection products, water bottles and reconditioned containers, and services, such as container life cycle services, blending, filling and other packaging services, logistics and warehousing. The Paper Packaging and Services segment involves the production and sale of containerboard, corrugated sheets, corrugated containers and other corrugated products to customers in North America. The Flexible Products and Services segment involves the production and sale of flexible intermediate bulk containers and related services on a global basis and the sale of industrial and consumer shipping sacks and multiwall bag products in North America. The Land Management segment involves the management and sale of timber. This segment focuses on the active harvesting and regeneration of the company's U.S. timber properties. The company was founded by William Greif and Albert Vanderwyst in 1877 and is headquartered in Delaware, OH.