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Jefferies & Co announced General Mills Inc. (NYSE:GIS), boosting its stock price target to $56.00 today

Just yesterday General Mills Inc. (NYSE:GIS) traded -0.39% lower at $52.00. General Mills Inc.’s 50-day moving average is $52.91 and its 200-day moving average is $55.50. The last stock price is down -6.61% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 951,112 shares of GIS traded hands, down from an avg. volume of 4,106,930

In a report released on Friday October 20, 2017 Jefferies & Co increased the stock price target of General Mills Inc. (NYSE:GIS) to $56.00 reporting a possible upside of 0.08%.

Previously on 9/21/2017, RBC Capital Markets released a statement about General Mills Inc. (NYSE:GIS) reduced the target price from $62.00 to $58.00. At the time, this indicated a possible upside of 0.12%.

Recent Performance Chart

General Mills Inc. (NYSE:GIS)

General Mills Inc. has PE ratio of 18.57 with a one year low of $50.13 and a one year high of $64.06 and has a market capitalization of $0.

A total of 16 analysts have released a report on General Mills Inc.. Two analysts rating the company a strong buy, two analysts rating the company a buy, eleven analysts rating the company a hold, four analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $66.63.

General Company Details For 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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