Reaffirmed: General Mills (NYSE:GIS) “Hold” Rating Maintained by Analysts at Stifel Nicolaus; $57.0 Target in Place

April 17, 2018 - By Robert Crowder

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.

American Century Cos has invested 0.61% in General Mills, Inc. (NYSE:GIS). 71,485 were accumulated by Provise Management Gru Limited Liability Company. Janney Montgomery Scott Limited Liability Company has invested 0.16% in General Mills, Inc. (NYSE:GIS). Todd Asset Limited Liability Company, Kentucky-based fund reported 22,128 shares. Checchi Advisers Ltd Liability Company reported 0.04% in General Mills, Inc. (NYSE:GIS). Mcmillion Capital Management holds 4,660 shares or 0.17% of its portfolio. Eads Heald Invest Counsel has 1% invested in General Mills, Inc. (NYSE:GIS) for 28,676 shares. Ims Capital Management invested in 0.14% or 3,920 shares. Mai Capital Mgmt has 4,111 shares for 0.01% of their portfolio. Putnam Fl Investment Mngmt has 7,543 shares for 0.04% of their portfolio. Visionary Asset Mgmt, Texas-based fund reported 55,705 shares. Marietta Investment Limited Liability Com holds 0.18% or 10,600 shares in its portfolio. State Treasurer State Of Michigan has 0.08% invested in General Mills, Inc. (NYSE:GIS). Fulton Bank Na holds 0.18% in General Mills, Inc. (NYSE:GIS) or 42,612 shares. Bnp Paribas Arbitrage invested in 508,949 shares or 0.05% of the stock.

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

General Mills (NYSE:GIS) Rating Reaffirmed

The company has just set a target price of $57.0 on General Mills (NYSE:GIS) shares. This is 25.94 % from the last stock close. In analysts note sent to investors and clients on Thursday, 21 December, Stifel Nicolaus maintained their “Hold” rating on shares of GIS.

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.

American Century Cos has invested 0.61% in General Mills, Inc. (NYSE:GIS). 71,485 were accumulated by Provise Management Gru Limited Liability Company. Janney Montgomery Scott Limited Liability Company has invested 0.16% in General Mills, Inc. (NYSE:GIS). Todd Asset Limited Liability Company, Kentucky-based fund reported 22,128 shares. Checchi Advisers Ltd Liability Company reported 0.04% in General Mills, Inc. (NYSE:GIS). Mcmillion Capital Management holds 4,660 shares or 0.17% of its portfolio. Eads Heald Invest Counsel has 1% invested in General Mills, Inc. (NYSE:GIS) for 28,676 shares. Ims Capital Management invested in 0.14% or 3,920 shares. Mai Capital Mgmt has 4,111 shares for 0.01% of their portfolio. Putnam Fl Investment Mngmt has 7,543 shares for 0.04% of their portfolio. Visionary Asset Mgmt, Texas-based fund reported 55,705 shares. Marietta Investment Limited Liability Com holds 0.18% or 10,600 shares in its portfolio. State Treasurer State Of Michigan has 0.08% invested in General Mills, Inc. (NYSE:GIS). Fulton Bank Na holds 0.18% in General Mills, Inc. (NYSE:GIS) or 42,612 shares. Bnp Paribas Arbitrage invested in 508,949 shares or 0.05% of the stock.

Since January 9, 2018, it had 0 insider purchases, 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 company was upgraded on Wednesday, November 8 by Societe Generale. The firm has “Hold” rating by Credit Suisse given on Thursday, December 21. Stifel Nicolaus maintained the shares of GIS in report on Thursday, December 21 with “Hold” rating. Stifel Nicolaus maintained General Mills, Inc. (NYSE:GIS) on Thursday, March 22 with “Hold” rating. The rating was maintained by Credit Suisse with “Hold” on Wednesday, February 21. The rating was maintained by Credit Suisse on Wednesday, March 28 with “Hold”. The firm has “Buy” rating by Jefferies given on Wednesday, February 14. The firm earned “Hold” rating on Tuesday, March 27 by Piper Jaffray. The stock has “Buy” rating by Wells Fargo on Monday, December 18. Piper Jaffray maintained General Mills, Inc. (NYSE:GIS) rating on Wednesday, March 21. Piper Jaffray has “Hold” rating and $49.0 target.

The stock increased 0.04% or $0.02 during the last trading session, reaching $45.26. About 1.88 million 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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