Breaking: General Mills (NYSE:GIS) Hold Rating Reiterated by Stifel Nicolaus Today; The TP Given is $57.0

April 17, 2018 - By Adrian Erickson

General Mills, Inc. (NYSE:GIS) Logo

Investors sentiment increased to 0.89 in Q4 2017. Its up 0.05, from 0.84 in 2017Q3. It improved, as 56 investors sold General Mills, Inc. shares while 388 reduced holdings. 107 funds opened positions while 288 raised stakes. 405.24 million shares or 0.97% more from 401.33 million shares in 2017Q3 were reported.

Brookstone holds 118,855 shares. Riverhead Mngmt Lc invested in 40,123 shares or 0.1% of the stock. Johnson Gp has 0.06% invested in General Mills, Inc. (NYSE:GIS). Richard C Young & invested 0.47% in General Mills, Inc. (NYSE:GIS). Boston Family Office Limited Liability Com holds 1.29% of its portfolio in General Mills, Inc. (NYSE:GIS) for 198,951 shares. Tompkins reported 0.08% stake. Bridges Counsel invested in 3,700 shares. Pinnacle Limited invested in 0.07% or 62,138 shares. First Tru Advsrs Lp reported 0.13% in General Mills, Inc. (NYSE:GIS). Invesco Ltd, Georgia-based fund reported 18.31M shares. 298,832 were accumulated by Pinebridge Investments Limited Partnership. 10,200 are held by Mogy Joel R Inv Counsel Inc. Putnam Limited Liability reported 7,702 shares. Convergence Investment Prtnrs Ltd Limited Liability Company reported 0.65% stake. Jefferies Grp Llc holds 0% of its portfolio in General Mills, Inc. (NYSE:GIS) for 8,130 shares.

Since January 9, 2018, it had 0 insider buys, and 1 insider sale for $517,458 activity.

General Mills (NYSE:GIS) Rating Reaffirmed

New York: In an analyst note issued to clients and investors on 21 December, Stifel Nicolaus reiterated their Hold rating on General Mills (NYSE:GIS) shares. They now have a $57.0 target price per share on the company. Stifel Nicolaus’s target means a potential upside of 25.94 % from the company’s close price.

Investors sentiment increased to 0.89 in Q4 2017. Its up 0.05, from 0.84 in 2017Q3. It improved, as 56 investors sold General Mills, Inc. shares while 388 reduced holdings. 107 funds opened positions while 288 raised stakes. 405.24 million shares or 0.97% more from 401.33 million shares in 2017Q3 were reported.

Brookstone holds 118,855 shares. Riverhead Mngmt Lc invested in 40,123 shares or 0.1% of the stock. Johnson Gp has 0.06% invested in General Mills, Inc. (NYSE:GIS). Richard C Young & invested 0.47% in General Mills, Inc. (NYSE:GIS). Boston Family Office Limited Liability Com holds 1.29% of its portfolio in General Mills, Inc. (NYSE:GIS) for 198,951 shares. Tompkins reported 0.08% stake. Bridges Counsel invested in 3,700 shares. Pinnacle Limited invested in 0.07% or 62,138 shares. First Tru Advsrs Lp reported 0.13% in General Mills, Inc. (NYSE:GIS). Invesco Ltd, Georgia-based fund reported 18.31M shares. 298,832 were accumulated by Pinebridge Investments Limited Partnership. 10,200 are held by Mogy Joel R Inv Counsel Inc. Putnam Limited Liability reported 7,702 shares. Convergence Investment Prtnrs Ltd Limited Liability Company reported 0.65% stake. Jefferies Grp Llc holds 0% of its portfolio in General Mills, Inc. (NYSE:GIS) for 8,130 shares.

Since January 9, 2018, it had 0 insider buys, and 1 insider sale for $517,458 activity.

General Mills, Inc. (NYSE:GIS) Ratings Coverage

Among 16 analysts covering General Mills (NYSE:GIS), 4 have Buy rating, 0 Sell and 12 Hold. Therefore 25% are positive. General Mills has $69 highest and $44.0 lowest target. $52.50’s average target is 16.00% above currents $45.26 stock price. General Mills had 29 analyst reports since October 20, 2017 according to SRatingsIntel. The rating was maintained by BMO Capital Markets on Wednesday, December 20 with “Hold”. The firm has “Hold” rating by Piper Jaffray given on Tuesday, March 27. The stock of General Mills, Inc. (NYSE:GIS) has “Hold” rating given on Monday, October 23 by RBC Capital Markets. The stock of General Mills, Inc. (NYSE:GIS) has “Buy” rating given on Wednesday, February 14 by Jefferies. The rating was upgraded by Wells Fargo on Monday, December 18 to “Buy”. Societe Generale upgraded the shares of GIS in report on Thursday, March 22 to “Hold” rating. The firm has “Hold” rating given on Thursday, December 21 by Credit Suisse. On Wednesday, March 28 the stock rating was maintained by Credit Suisse with “Hold”. The stock of General Mills, Inc. (NYSE:GIS) earned “Neutral” rating by PiperJaffray on Wednesday, January 3. Susquehanna upgraded the stock to “Buy” rating in Monday, March 26 report.

The stock increased 0.04% or $0.02 during the last trading session, reaching $45.26. About 1.88M shares traded. General Mills, Inc. (NYSE:GIS) has declined 22.93% since April 17, 2017 and is downtrending. It has underperformed by 34.48% the S&P500.

General Mills, Inc. manufactures and markets branded consumer foods in the United States. The company has market cap of $26.83 billion. The firm operates in four divisions: North America Retail; Convenience Stores & Foodservice; Europe & Australia; and Asia & Latin America. It has a 12.11 P/E ratio. It offers ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, frozen pizza and pizza snacks, shelf stable and frozen vegetables, and ice cream and frozen desserts, as well as grain, fruit and savory snacks; and various organic products, including nutrition bars, meal kits, salty snacks, and ready-to-eat cereal.

General Mills, Inc. (NYSE:GIS) Institutional Positions Chart

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