Greif Bros. Stock upgraded by Baird
Greif Bros. Corporation (NYSE:GEF) equities researchers at Robert W. Baird upgraded Greif to an “outperform” rating in a note issued on Wednesday 4th January.
Othe equities research analysts have also reported on the stock with BMO Capital Markets downgrading shares of Greif Bros. Corporation to an “underperform” from a “market perform” rating whilst increasing their target price to $48.00 from $36.00 as recently as Wednesday, December 21st stating the move was a valuation call.
Zacks Investment Research lowered shares of Greif Bros. Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, December 6th.
KeyCorp downgraded shares of Greif to “underweight” from a “sector weight” and placed a $47.00 price target.
Bank of America Corporation lowered shares of Greif Bros. Corporation to a “neutral” rating from a “buy” rating and suggested a $56.00 price target for the company.
Wells Fargo & Company also downgraded Greif Bros. Corporation to a “market perform” rating from an “outperform” rating. They noted that the move was a valuation call.
Greif Bros. Stock upgraded by Baird