Credit Suisse analyst Robert Moskow maintained a Hold rating on General Mills (NYSE: GIS) yesterday and set a price target of $46. The company’s shares closed yesterday at $44.13, close to its 52-week low of $41.01.
According to TipRanks.com, Moskow is a 3-star analyst with an average return of 2.1% and a 50.8% success rate. Moskow covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Pinnacle Foods, and Campbell Soup.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for General Mills with a $50.44 average price target, which is a 14.3% upside from current levels. In a report issued on September 17, Morgan Stanley also initiated coverage with a Hold rating on the stock with a $48 price target.
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The company has a one-year high of $60.69 and a one-year low of $41.01. Currently, General Mills has an average volume of 4.78M.
Based on the recent corporate insider activity of 69 insiders, corporate insider sentiment is negative on the stock. Last month, Heidi Miller, a Director at GIS sold 13,204 shares for a total of $604,215.
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. engages in the manufacture and marketing of branded consumer foods sold through retail stores. It operates through the following segments: North America Retail; Convenience Stores & Foodservice; Europe & Australia; and Asia & Latin America; and Pet.
