In a report released today, Dara Mohsenian from Morgan Stanley maintained a Hold rating on General Mills (GIS), with a price target of $49. The company’s shares opened today at $48.23, close to its 52-week high of $49.50.
According to TipRanks.com, Mohsenian is a 3-star analyst with an average return of 1.9% and a 64.5% success rate. Mohsenian covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies Inc, Constellation Brands Inc, and Edgewell Personal Care.
Currently, the analyst consensus on General Mills is a Moderate Buy with an average price target of $52.08, a 8.0% upside from current levels. In a report released today, J.P. Morgan also maintained a Hold rating on the stock with a $52 price target.
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The company has a one-year high of $49.50 and a one-year low of $36.42. Currently, General Mills has an average volume of 5.23M.
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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.
