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General Mills Inc. (NYSE:GIS) target price lowered to $67.00, reported today by UBS Securities

Just yesterday General Mills Inc. (NYSE:GIS) traded -0.17% lower at $65.27. General Mills Inc.’s 50-day moving average is $69.28 and its 200-day moving average is $66.06. The last closing price is down -1.38% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 624,029 shares of GIS traded hands, down from an average trading volume of 3,643,580

General Mills Inc. (NYSE:GIS) had its target price lowered to $67.00 by UBS Securities in a report issued 9/22/2016. The updated stock price target implies a possible upside of 0.03% based on the company's previous closing price.

Recent Performance Chart

General Mills Inc. (NYSE:GIS)

General Mills Inc. has 52 week low of $53.53 and a 52 week high of $72.95 with a PE ratio of 23.52 and has a market capitalization of $0.

In addition to UBS Securities reporting its stock price target, a total of 16 brokers have issued a research note on the company. The average stock price target is $66.63 with 2 brokers rating the stock a strong buy, 2 brokers rating the stock a buy, 11 brokers rating the stock a hold, 4 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On General Mills Inc. (NYSE:GIS)

General Mills, Inc. is a manufacturer and marketer of branded consumer foods sold through retail stores. The Company is a supplier of branded and unbranded food products to the North American foodservice and commercial baking industries. The Company has three segments: U.S. Retail, International, and Convenience Stores and Foodservice. Its products are marketed under various brands, which include Annie's and Betty Crocker. The Company's U.S. Retail segment reflects business with a range of grocery stores, mass merchandisers, membership stores, natural food chains, drug, dollar and discount chains, and e-commerce grocery providers operating throughout the United States. The International segment consists of retail and foodservice businesses outside of the United States. The Convenience Stores and Foodservice segment's product categories include ready-to-eat cereals, snacks, refrigerated yogurt, frozen meals, unbaked and fully baked frozen dough products, and baking mixes.

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