General Mills (GIS) Receives a Hold from Barclays

By Austin Angelo

Barclays analyst Andrew Lazar maintained a Hold rating on General Mills (GISResearch Report) yesterday and set a price target of $55. The company’s shares closed last Monday at $54.39, close to its 52-week high of $56.40.

According to TipRanks.com, Lazar is a 4-star analyst with an average return of 7.9% and a 66.2% success rate. Lazar covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Lamb Weston Holdings, and McCormick & Company.

General Mills has an analyst consensus of Hold, with a price target consensus of $54.88, implying a 0.9% upside from current levels. In a report issued on September 11, Credit Suisse also reiterated a Hold rating on the stock with a $56 price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $56.40 and a one-year low of $36.42. Currently, General Mills has an average volume of 3.95M.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

General Mills, Inc. engages in the manufacture and marketing of branded consumer foods sold through retail stores. It operates through the following segments: North America Retail; Convenience Stores and Foodservice; Europe and Australia; and Asia and Latin America; and Pet.