Stock Rating Upgrade
The Value Trend Rating for Greif Inc. (NYSE: GEF) improved recently 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 closed at $66.09 on 12/22/23 after a slight decline of -0.02%. Moreover, above average trading volume at 120% of normal accompanied the decline. The stock is unchanged during the last week but has been strong relative to the market over the last nine months.
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 highly consistent signals. Greif has a slightly positive Power Rating of 66 and a slightly positive Appreciation Score of 66, leading to the Positive Value Trend Rating.