Published: Wed, September 20, 2017
Business | By Max Garcia

For General Mills, Inc. (GIS), It May Be As Good A Moment

For General Mills, Inc. (GIS), It May Be As Good A Moment

General Mills Inc. has $73 highest and $5500 lowest target. The Company, through its subsidiaries and other affiliates, manages active equity, income and alternative strategies across a range of investment styles and asset classes, including the United States and global equities, floating-rate bank loans, municipal bonds, global income, high-yield and investment grade bonds. By fiscal 2018, the company expects to achieve cost savings through increased efficiency, reduced complexity through SKU optimization, further supply chain optimization and continued expansion of zero-based budgeting across the business, which will result in accelerated margin expansion. About shares traded. General Mills, Inc. "Slowing organic volumes are overshadowing minor improvements in profit margins". The company rocked its 52-Week High of $65.57 and touched its 52-Week Low of $52.76. Buckingham Research downgraded VF Corp (NYSE:VFC) on Friday, September 2 to "Neutral" rating. Piper Jaffray Companies initiated coverage on General Mills in a report on Wednesday, May 24th. Finally, Barclays PLC decreased their price objective on General Mills from $66.00 to $64.00 and set an "equal weight" rating on the stock in a research note on Wednesday, December 21st.

Among 6 analysts covering Cherokee (NASDAQ:CHKE), 5 have Buy rating, 0 Sell and 1 Hold.

Analysts are speculating a 20.98% move, based on the high target price ($67) for the shares that is set to reach in the next 12 months. General Mills, Inc. (NYSE:GIS) has declined 10.63% since September 19, 2016 and is downtrending. YTEN's distance from 20 day simple moving average is 31.76% and distance from 50-Day simple moving average is 30.78%. The company has a market capitalization of $32.57 billion, a PE ratio of 20.37 and a beta of 0.62. The Weekly and Monthly Volatility stands at 1.38% and 1.48%. (NYSE:GIS). Toronto Dominion Natl Bank owns 0.02% invested in General Mills, Inc. The company reported $0.73 EPS for the quarter, beating the Zacks' consensus estimate of $0.71 by $0.02.

GuruFocus gives General Mills a financial strength rating of 4 out of 10. The firm had revenue of $3.81 billion during the quarter, compared to the consensus estimate of $3.75 billion. Lenox Wealth Advisors Inc. now owns 1,833 shares of the company's stock worth $102,000 after acquiring an additional 15 shares in the last quarter. The company's revenue was down 3.1% on a year-over-year basis.

General Mills, Inc. (GIS) now the company's industry has 12.7 P/E and the sector P/E is 16.18. Rock Point Advsrs Lc holds 0.16% of its portfolio in General Mills, Inc. A buy rating from an analyst or research firm is a recommendation to purchase the security, with the implied insistence that the security is undervalued in some fashion. If you are accessing this piece of content on another site, it was illegally stolen and republished in violation of U.S. & global copyright & trademark law. Hanson McClain Inc. grew its stake in shares of General Mills by 1.5% during the first quarter.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter. State Board Of Administration Of Florida Retirement Systems stated it has 0.16% in General Mills, Inc. LLC raised its holdings in General Mills by 0.6% during the 1st quarter.

The company declined -1.86% and closed its last trading session at $56.43. Stratos Wealth Partners LTD. now owns 71,211 shares of the company's stock worth $3,945,000 after purchasing an additional 5,403 shares during the period.

Several other hedge funds and other institutional investors also recently bought and sold shares of GIS.

"Our number one priority in fiscal 2018 is strengthening our topline performance", said General Mills Chief Executive Officer Jeff Harmening. The Firm is a supplier of branded and unbranded food products to the North American foodservice and commercial baking industries. The Firm has three divisions: U.S.

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