Greif traded at $62.69 this Friday May 15th, decreasing $2.73 or 4.17 percent since the previous trading session. Looking back, over the last four weeks, Greif lost 7.89 percent. Over the last 12 months, its price rose by 10.54 percent. Looking ahead, we forecast Greif to be priced at 61.43 by the end of this quarter and at 57.80 in one year, according to Trading Economics global macro models projections and analysts expectations.
Greif, Inc. (Greif) is a producer of industrial packaging products and services. The Company operates through three business segments: Global Industrial Packaging; Paper Packaging & Services; and Land Management. The Global Industrial Packaging segment offers industrial packaging products, such as steel, fibre and plastic drums, rigid and flexible intermediate bulk containers, closure systems for industrial packaging products, transit protection products, water bottles and remanufactured and reconditioned industrial containers. In the Paper Packaging & Services segment, Greif produces and sells containerboard, corrugated sheets, corrugated containers and other corrugated products to customers in North America in industries such as packaging, automotive, food and building products. The Land Management segment is focused on the harvesting and regeneration of its United States timber properties.