<div id="readability-page-1"><p><span>General Mills (NYSE:GIS - Get Free Report)</span> had its target price lowered by equities research analysts at Mizuho  from $62.00 to $60.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage presently has a &#34;neutral&#34; rating on the stock. Mizuho's price target indicates a potential upside of 2.49% from the company's previous close.</p><div><p><span></span><span>Get <strong>General Mills</strong> alerts:</span></p></div><ul><li>General Mills High-Yield Value: A Good Buy for Risk-Off Investors</li></ul><p>A number of other brokerages have also weighed in on GIS. JPMorgan Chase &amp; Co. reduced their target price on shares of General Mills from $60.00 to $54.00 and set a &#34;neutral&#34; rating for the company in a research note on Thursday. Royal Bank of Canada  reaffirmed a &#34;sector perform&#34; rating and set a $70.00 price objective on shares of General Mills in a research report on Monday. Piper Sandler decreased their price objective on General Mills from $84.00 to $71.00 and set an &#34;overweight&#34; rating for the company in a report on Tuesday, February 25th. TD Cowen cut their target price on General Mills from $75.00 to $64.00 and set a &#34;hold&#34; rating on the stock in a research note on Thursday, December 19th. Finally, Barclays decreased their price target on shares of General Mills from $68.00 to $65.00 and set an &#34;equal weight&#34; rating for the company in a research note on Tuesday. One research analyst  has rated the stock with a sell rating, thirteen have issued  a hold rating and four have assigned  a buy rating to the company's stock. Based on data from MarketBeat.com, the company  has a consensus rating of &#34;Hold&#34; and an average target price of $66.76.</p><p><b>Get Our Latest Research Report on GIS</b></p><h2>General Mills Stock Down 1.1 %</h2><ul><li>General Mills Bets $1.45B on Pet Food: Growth or Risk?</li></ul><p>Shares of NYSE GIS traded down $0.66 during mid-day trading on Thursday, reaching $58.54. 3,079,113 shares of the company's stock were exchanged, compared to its average volume of 3,957,498. General Mills has a twelve month low of $55.15 and a twelve month high of $75.90. The company has a current ratio of 0.92, a quick ratio of 0.67 and a debt-to-equity ratio of 1.32. The firm has a market capitalization of $32.27 billion, a price-to-earnings ratio of 12.72, a PEG ratio of 1.94 and a beta of 0.06. The business has a fifty day simple moving average of $60.04 and a 200 day simple moving average of $65.42. </p><p>General Mills (NYSE:GIS - Get Free Report) last announced its earnings results on Wednesday, March 19th. The company reported $1.00 EPS for the quarter, topping the consensus estimate of $0.96 by $0.04. The firm had revenue of $4.84 billion for the quarter, compared to the consensus estimate of $4.99 billion. General Mills had a net margin of 13.08% and a return on equity of 27.55%. The business's quarterly revenue was down 5.1% on a year-over-year basis. During the same period last year, the company posted $1.17 EPS.  As a group, equities analysts expect that  General Mills will post 4.36 EPS for the current fiscal year. </p><h2>Insider Activity at General Mills</h2><ul><li>Oversold But Ready to Rally: 5 Stocks to Watch Now</li></ul><p>In other General Mills news, CEO Jeffrey L. Harmening sold 11,379 shares of the firm's stock in a transaction on Friday, March 7th. The stock was sold at an average price of $65.00, for a total transaction of $739,635.00. Following the completion of the sale, the chief executive officer now owns 353,346 shares of the company's stock, valued at $22,967,490. This trade represents a 3.12 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Paul Joseph Gallagher sold 1,041 shares of General Mills stock in a transaction on Friday, December 20th. The stock was sold at an average price of $64.50, for a total transaction of $67,144.50. Following the transaction, the insider now directly owns 42,117 shares of the company's stock, valued at approximately $2,716,546.50. This trade represents a 2.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.26% of the stock is currently owned by company insiders. </p><h2>Institutional Trading of General Mills</h2><p>A number of hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. raised its holdings in  General Mills by 2.8% in the 4th quarter. Vanguard Group Inc. now owns 68,630,598 shares of the company's stock valued at $4,376,573,000 after acquiring an additional 1,868,508 shares during the period.  State Street Corp grew its position in shares of  General Mills by 9.4% in the third quarter. State Street Corp now owns 33,502,737 shares of the company's stock valued at $2,474,177,000 after purchasing an additional 2,867,678 shares during the last quarter.  Geode Capital Management LLC grew its position in shares of  General Mills by 1.0% in the fourth quarter. Geode Capital Management LLC now owns 14,488,451 shares of the company's stock valued at $923,907,000 after purchasing an additional 136,895 shares during the last quarter.  Ameriprise Financial Inc. increased its stake in shares of  General Mills by 34.5% during the fourth quarter. Ameriprise Financial Inc. now owns 9,123,387 shares of the company's stock worth $581,903,000 after purchasing an additional 2,341,137 shares during the period.  Finally, Northern Trust Corp lifted its holdings in  General Mills by 18.4% during the 4th quarter. Northern Trust Corp now owns 8,061,793 shares of the company's stock worth $514,101,000 after purchasing an additional 1,253,483 shares during the last quarter. Institutional investors and hedge funds own  75.71% of the company's stock. </p><h2>About General Mills</h2> (Get Free Report)<p>General Mills, Inc manufactures and markets branded consumer foods worldwide. The company operates through four segments: North America Retail; International; Pet; and North America Foodservice. It offers grain, ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, bakery flour, frozen pizza and pizza snacks, snack bars, fruit and savory snacks, ice cream and frozen desserts, unbaked and fully baked frozen dough products, frozen hot snacks, ethnic meals, side dish mixes, frozen breakfast and entrees, nutrition bars, and frozen and shelf-stable vegetables.</p><h2>See Also</h2><ul><li>Five stocks we like better than General Mills</li><li>Dividend Payout Ratio Calculator</li><li>Everything About Amazon Stock Signals a Buy—Time to Load Up?</li><li>What is Put Option Volume?</li><li>5 Reasons Five Below’s Stock Price Is Heading Higher This Year</li><li>Health Care Stocks Explained: Why You Might Want to Invest</li><li>Broadcom: Why the Chip Stock Remains a Top Long-Term AI Play</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUdJUw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUdJUw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in General Mills Right Now?</h2><p>Before you consider General Mills, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and General Mills wasn't on the list.</p><p>While General Mills currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Mizuho has lowered its price target for General Mills (NYSE:GIS) from $62.00 to $60.00, maintaining a "neutral" rating. This indicates a potential upside of 2.49% from the previous close. Other brokerages have also adjusted their targets, with JPMorgan reducing it to $54.00 and Barclays to $65.00. General Mills shares traded down 1.1% to $58.54, with a consensus rating of "Hold" and an average target price of $66.76. The company reported a quarterly EPS of $1.00, exceeding estimates, but revenue was down 5.1% year-over-year.</p>

General Mills (NYSE:GIS) Price Target Lowered to $60.00 at Mizuho