General Mills Likely To Report Lower Q4 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

General Mills, Inc. GIS is expected to report results for its fiscal 2023 fourth quarter before the opening bell on June 28, 2023.

Analysts expect the company to post quarterly earnings at $1.06 per share, down from year-ago earnings of $1.12 per share. The company’s revenue might come in at $5.17 billion.

General Mills shares rose 0.7% to close at $81.86 on Monday and added 0.2% in today’s pre-market trading session.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Deutsche Bank analyst Steve Powers maintained a Hold rating and raised the price target from $84 to $86 on March 24, 2023. This analyst sees around 5% upside in the company’s stock and has an accuracy rate of 74%.
• Stifel analyst Matthew Smith reinstated a Buy rating with a price target of $95 on April 14, 2023. This analyst sees around 16% upside in the company’s stock and has an accuracy rate of 69%.
• JP Morgan analyst Ken Goldman maintained a Neutral rating and increased the price target from $76 to $77 on March 16, 2023. This analyst sees around 6% downside in the company’s stock and has an accuracy rate of 81%.
• Credit Suisse analyst Robert Moskow maintained a Neutral rating and boosted the price target from $77 to $82 on Dec. 21, 2022. This analyst sees around 0.2% upside in the company’s stock and has an accuracy rate of 71%.

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