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, 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.

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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.

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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.