GEF - Watch for Continued Gains in Shares of Greif Inc. Class A (GEF)
Shares of Greif Inc. Class A (NYSE:GEF) traded today at $68.14, eclipsing its 52-week high. Approximately 56,000 shares have changed hands today, as compared to an average 30-day volume of 107,000 shares.
In the past 52 weeks, Greif Inc. Class A share prices are bracketed by a low of $33.95 and a high of $68.14 and is now at $67.71, 99% above that low price.
Greif Inc is a producer of industrial packaging products and services with manufacturing facilities located in over many countries. It offers a comprehensive line 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 remanufactured and reconditioned industrial containers, and services, such as container life cycle management, blending, filling, logistics, warehousing, and other packaging services. The company operates in four reportable business segments including Rigid Industrial Packaging and Services from which it earns the majority of the revenue, Paper Packaging and Services, Flexible Products and Services, and Land Management.
Greif Inc. Class A (NYSE:GEF) is currently priced 57.0% above its average consensus analyst price target of $29.10.
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