Deutsche Bank Reports GIS F3Q11 Results Analysis

Deutsche Bank has issued a report on the analysis of the F3Q11 results of General Mills GIS. According to the report, "General Mills reports opr. F3Q11 (end Feb) EPS of $0.57 vs. our and cons. $0.56 est. EPS excl. $0.02 of 1-time items/mark-to-market hedges. Sales increased 2%, in line with our +2% est. Top line incl: volume +2%, price/ mix +0%, currency +0%." GIS has a Buy Rating and a $41.00 Price Target. GIS is currently trading at $35.90 a share.