General Mills Inc.: The Winning Streak Continues

General Mills Inc. GIS traded today at a new 12-month high of $66.91. This new high was reached on below-average trading volume as 825,000 shares traded hands, while the average 30-day volume is approximately 2.9 million shares.

General Mills Inc. defies analysts with a current price ($66.87) 1.1% above its average consensus price target of $66.15.

In the past 12 months, General Mills Inc.'s share prices are bracketed by a low of $53.96 and a high of $66.91 and are now at $66.87, 24% above that low price.

General Mills is a leading global packaged food company that produces snacks, cereal, convenient meals, yogurt, dough, baking mixes and ingredients, pet food, and superpremium ice cream. Its largest brands are Nature Valley, Cheerios, Old El Paso, Yoplait, Pillsbury, Betty Crocker, BLUE, and Haagen-Dazs. In fiscal 2021, 75% of its revenue was derived from the United States, although the company also operates in Canada, Europe, Australia, Asia, and Latin America. While most of General Mills’ products are sold through retail stores to consumers, the company also sells products into the foodservice channel and the commercial baking industry.

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