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Enter Symbol:
Greif Bros. Corporation (GEF) [hlAlert]

up 62.67 %

Greif Bros. Corporation (GEF) downgraded to Underperform by BofA/Merrill

Posted on: Friday,  Sep 14, 2012  10:25 AM ET by BofA/Merrill

BofA/Merrill rated Underperform Greif Bros. Corporation (NYSE: GEF) on 09/14/2012, when the stock price was $47.11. Since
then, Greif Bros. Corporation has lost 38.53% as of 10/30/2015's recent price of $28.96.
If you would have followed this BofA/Merrill's recommendation on GEF, you would have gained 62.67% of your investment in 1141 days.

Greif, Inc. is a global producer of industrial packaging products with manufacturing facilities located in over 45 countries. It offers a range of industrial packaging products, such as steel, fiber and plastic drums, intermediate bulk containers, closure systems for industrial packaging products, transit protection products, and polycarbonate water bottles, and services, such as blending, filling and other packaging services, logistics and warehousing. It also produces containerboard and corrugated products for niche markets in North America. Greif, Inc. sells timber to third parties from its timberland in the southeastern United States that it manages to maximize long-term value. It also sells, from time to time, timberland and special use land, which consists of surplus land, higher and better use (HBU) land, and development land. It operates in three business segments: Industrial Packaging; Paper Packaging, and Timber. In July 2009, the Company acquired Ennis Containers, Inc.

Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/14/2012 10:25 AM Sell
as of 12/31/2012
1 Week up  1.78 %
1 Month down  -8.45 %
3 Months down  -0.72 %
1 YTD up  5.54 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/17/2012 8:25 AM Hold

(*) Stock Price at the time of the recommendation.
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