Wells Fargo Maintains Equal-Weight Rating for Greif: Here's What You Need To Know

Wells Fargo has decided to maintain its Equal-Weight rating of Greif GEF and raise its price target from $66.00 to $67.00.

Shares of Greif are trading up 2.06% over the last 24 hours, at $71.48 per share.

A move to $67.00 would account for a 6.27% decline from the current share price.

About Greif

Greif Inc is a producer of industrial packaging products and services with manufacturing facilities located in many countries. It offers a comprehensive line of rigid industrial packaging products, such as steel, fiber, 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 three reportable business segments including Global Industrial Packaging, Paper Packaging and Services, and Land Management.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.