General Mills, Inc. (NYSE:GIS) target price raised to $69.00, reported today by Zacks Investment Research
- Updated: November 27, 2016
General Mills, Inc. (NYSE:GIS) had its target price raised to $69.00 by Zacks Investment Research in a report released Tuesday November 22, 2016. The new target price indicates a possible upside of 0.12% based on the company's last stock close price.
Previously on Wednesday February 24, 2016, UBS Securities reported about General Mills, Inc. (NYSE:GIS) raised the target price from $0.00 to $60.00. At the time, this indicated a possible upside of 0.02%.
Yesterday General Mills, Inc. (NYSE:GIS) traded 1.33% higher at $61.63. The company’s 50-day moving average is $61.61 and its 200-day moving average is $66.08. The last stock close price is down -5.72% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 1,069,482 shares of the stock were exchanged, down from an average trading volume of 3,389,640
See Chart Below
General Mills, Inc. has a price-earnings ratio of 22.65 with a one year low of $53.53 and a one year high of $72.95 GIS’s total market value is presently $0.
A total of 16 equity analysts have released a ratings update on GIS. Two equity analysts rating the company a strong buy, two equity analysts rating the company a buy, eleven equity analysts rating the company a hold, four equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $66.63.
Brief Synopsis About 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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.