Truist has revised its price target for Greif (GEF, Financial), reducing it from $65 to $56 while maintaining a Hold rating on the stock. This adjustment comes as the market experiences pressures with multiples compressing across various sectors, driven by anxieties over tariff impacts and the looming threat of a recession, spurred by anticipated declines in consumer demand.
Investors are being cautioned as these economic concerns potentially influence corporate strategies and stock valuations. As analysts weigh the implications of these macroeconomic factors, the outlook for Greif and similar companies remains cautious under current market conditions.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 5 analysts, the average target price for Greif Inc (GEF, Financial) is $73.20 with a high estimate of $93.00 and a low estimate of $65.00. The average target implies an upside of 43.02% from the current price of $51.18. More detailed estimate data can be found on the Greif Inc (GEF) Forecast page.
Based on the consensus recommendation from 6 brokerage firms, Greif Inc's (GEF, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Greif Inc (GEF, Financial) in one year is $75.52, suggesting a upside of 47.56% from the current price of $51.18. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Greif Inc (GEF) Summary page.
