Greif, Inc. (GEF)
NYSE: GEF · IEX Real-Time Price · USD
61.99
-1.97 (-3.08%)
At close: Jul 19, 2024, 4:00 PM
62.07
+0.08 (0.13%)
After-hours: Jul 20, 2024, 12:56 PM EDT
Greif Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Greif stock have an average target of 80, with a low estimate of 69 and a high estimate of 94. The average target predicts an increase of 29.05% from the current stock price of 61.99.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Greif stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 2 | 2 | 1 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 4 | 4 | 4 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Jul 19, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $71 → $69 | Hold | Maintains | $71 → $69 | +11.31% | Jul 16, 2024 |
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $76 → $77 | Hold → Strong Buy | Upgrades | $76 → $77 | +24.21% | Jun 17, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $78 → $80 | Buy | Maintains | $78 → $80 | +29.05% | Jun 7, 2024 |
| B of A Securities | B of A Securities | Hold Maintains $75 → $76 | Hold | Maintains | $75 → $76 | +22.60% | Jun 7, 2024 |
Financial Forecast
Revenue This Year
5.48B
from 5.22B
Increased by 5.05%
Revenue Next Year
5.82B
from 5.48B
Increased by 6.09%
EPS This Year
4.45
from 6.15
Decreased by -27.62%
EPS Next Year
5.21
from 4.45
Increased by 17.03%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.8B | 6.3B | 6.7B | 7.1B | 7.3B |
| Avg | 5.5B | 5.8B | 6.2B | 6.8B | 7.1B |
| Low | 5.3B | 5.6B | 5.7B | 6.6B | 6.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.7% | 14.1% | 14.7% | 14.9% | 7.8% |
| Avg | 5.0% | 6.1% | 5.9% | 10.5% | 3.7% |
| Low | 1.5% | 1.5% | -1.5% | 7.3% | 0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.78 | 5.83 | 5.67 |
| Avg | 4.45 | 5.21 | 5.45 |
| Low | 4.12 | 4.85 | 5.29 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -22.3% | 30.9% | 8.8% |
| Avg | -27.6% | 17.0% | 4.7% |
| Low | -33.1% | 9.0% | 1.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.