Jefferies Remains a Hold on General Mills (GIS)

Business Insider

3 hours ago

Jefferies analyst Robert Dickerson reiterated a Hold rating on General Mills (GIS – Research Report) today and set a price target of $51.00. The company's shares closed today at $50.68.
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Dickerson covers the Consumer Defensive sector, focusing on stocks such as General Mills, TreeHouse Foods, and Mondelez International. According to TipRanks, Dickerson has an average return of 3.3% and a 55.40% success rate on recommended stocks.
Currently, the analyst consensus on General Mills is a Hold with an average price target of $56.62, which is an 11.72% upside from current levels. In a report released today, Barclays also maintained a Hold rating on the stock with a $60.00 price target.
The company has a one-year high of $75.90 and a one-year low of $52.39. Currently, General Mills has an average volume of 4.94M.
Based on the recent corporate insider activity of 83 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. Last month, Pankaj MN Sharma, the Segment President of GIS sold 3,643.00 shares for a total of $197,159.16.