BMO Capital Kept General Mills (NYSE:GIS) As a Market Perform; They Now Have a Price Objective Of $51

March 23, 2018 - By Daniel Brown

 BMO Capital Kept General Mills (NYSE:GIS) As a Market Perform; They Now Have a Price Objective Of $51

Investors sentiment decreased to 0.84 in 2017 Q3. Its down 0.16, from 1 in 2017Q2. It fall, as 81 investors sold General Mills, Inc. shares while 366 reduced holdings. 62 funds opened positions while 314 raised stakes. 401.33 million shares or 2.97% more from 389.74 million shares in 2017Q2 were reported.

Lombard Odier Asset Mngmt (Switzerland) Sa has 4,414 shares. 171,385 are held by Wallace Capital Mgmt. Soros Fund Management Limited Liability Co has invested 0.54% of its portfolio in General Mills, Inc. (NYSE:GIS). Boltwood Management invested 0.62% in General Mills, Inc. (NYSE:GIS). Brookfield Asset Mngmt accumulated 137,196 shares. Delta Asset Mngmt Limited Liability Com Tn invested 2.38% in General Mills, Inc. (NYSE:GIS). Wedgewood Pa reported 16,945 shares or 0.74% of all its holdings. Wealthcare Capital Mgmt Limited Liability invested in 20 shares. Baker Ellis Asset Llc holds 0.76% or 55,259 shares. 1.67 million were accumulated by Stifel Fin Corporation. Bbva Compass State Bank Inc has invested 0.06% in General Mills, Inc. (NYSE:GIS). Charter invested 0.17% of its portfolio in General Mills, Inc. (NYSE:GIS). M Hldg Incorporated stated it has 0.11% in General Mills, Inc. (NYSE:GIS). Reliant Invest Mngmt Limited Liability Company holds 0.17% or 4,000 shares in its portfolio. Farr Miller Washington Limited Liability Company Dc has 6,986 shares.

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

General Mills (NYSE:GIS) Rating Reaffirmed

New York: In a report sent to investors and clients on Thursday, 22 March, BMO Capital restate their Market Perform rating on General Mills (NYSE:GIS) shares. They now have a $51 price target on the firm. BMO Capital’s target indicates a potential upside of 14.74 % from the company’s last stock close price.

Investors sentiment decreased to 0.84 in 2017 Q3. Its down 0.16, from 1 in 2017Q2. It fall, as 81 investors sold General Mills, Inc. shares while 366 reduced holdings. 62 funds opened positions while 314 raised stakes. 401.33 million shares or 2.97% more from 389.74 million shares in 2017Q2 were reported.

Lombard Odier Asset Mngmt (Switzerland) Sa has 4,414 shares. 171,385 are held by Wallace Capital Mgmt. Soros Fund Management Limited Liability Co has invested 0.54% of its portfolio in General Mills, Inc. (NYSE:GIS). Boltwood Management invested 0.62% in General Mills, Inc. (NYSE:GIS). Brookfield Asset Mngmt accumulated 137,196 shares. Delta Asset Mngmt Limited Liability Com Tn invested 2.38% in General Mills, Inc. (NYSE:GIS). Wedgewood Pa reported 16,945 shares or 0.74% of all its holdings. Wealthcare Capital Mgmt Limited Liability invested in 20 shares. Baker Ellis Asset Llc holds 0.76% or 55,259 shares. 1.67 million were accumulated by Stifel Fin Corporation. Bbva Compass State Bank Inc has invested 0.06% in General Mills, Inc. (NYSE:GIS). Charter invested 0.17% of its portfolio in General Mills, Inc. (NYSE:GIS). M Hldg Incorporated stated it has 0.11% in General Mills, Inc. (NYSE:GIS). Reliant Invest Mngmt Limited Liability Company holds 0.17% or 4,000 shares in its portfolio. Farr Miller Washington Limited Liability Company Dc has 6,986 shares.

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

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

Among 24 analysts covering General Mills Inc. (NYSE:GIS), 3 have Buy rating, 3 Sell and 18 Hold. Therefore 13% are positive. General Mills Inc. has $73 highest and $44.0 lowest target. $55.53’s average target is 24.93% above currents $44.45 stock price. General Mills Inc. had 79 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Wednesday, November 1 by BMO Capital Markets. The firm earned “Hold” rating on Wednesday, September 6 by BMO Capital Markets. The firm earned “Buy” rating on Monday, April 11 by Citigroup. BMO Capital Markets maintained General Mills, Inc. (NYSE:GIS) on Wednesday, March 21 with “Hold” rating. The stock has “Hold” rating by Piper Jaffray on Wednesday, March 21. Morgan Stanley maintained General Mills, Inc. (NYSE:GIS) on Thursday, September 21 with “Equal-Weight” rating. The firm has “Hold” rating given on Monday, October 23 by RBC Capital Markets. The stock has “Sector Perform” rating by RBC Capital Markets on Thursday, December 15. The company was upgraded on Wednesday, January 3 by PiperJaffray. The stock has “Hold” rating by Stifel Nicolaus on Thursday, June 29.

The stock decreased 2.33% or $1.06 during the last trading session, reaching $44.45. About 11.61 million shares traded or 145.88% up from the average. General Mills, Inc. (NYSE:GIS) has declined 10.63% since March 23, 2017 and is downtrending. It has underperformed by 27.33% the S&P500.

General Mills, Inc. manufactures and markets branded consumer foods in the United States. The company has market cap of $25.29 billion. The firm operates in four divisions: North America Retail; Convenience Stores & Foodservice; Europe & Australia; and Asia & Latin America. It has a 16.3 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.

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