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TipRanksStock Market NewsGIS NewsGeneral Mills (GIS) Gets a Hold Rating from Jefferies
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General Mills (GIS) Gets a Hold Rating from Jefferies

In a report released today, Robert Dickerson from Jefferies maintained a Hold rating on General Mills (GISResearch Report), with a price target of $69.00. The company’s shares closed last Wednesday at $64.23.

According to TipRanks.com, Dickerson is a 2-star analyst with an average return of 1.3% and a 47.6% success rate. Dickerson covers the Consumer Goods sector, focusing on stocks such as Real Good Food Company, Inc. Class A, Mondelez International, and Lamb Weston Holdings.

Currently, the analyst consensus on General Mills is a Hold with an average price target of $65.89, implying a 0.9% upside from current levels. In a report issued on March 18, Evercore ISI also maintained a Hold rating on the stock with a $65.00 price target.

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General Mills’ market cap is currently $37.81B and has a P/E ratio of 17.26.

Based on the recent corporate insider activity of 94 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GIS in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

General Mills, Inc. is a multinational food company. Headquartered in Minneapolis, the company manufactures and markets branded consumer foods, which it sells through retail stores. Its product categories include convenient meals, ready-to-eat cereals, snacks, super-premium ice creams, yogurt, baking mixes and ingredients, and refrigerated and frozen dough.

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