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General Mills Inc has a consensus price target of $76.13 based on the ratings of 24 analysts. The high is $96 issued by UBS on March 27, 2023. The low is $61 issued by Morgan Stanley on March 21, 2024. The 3 most-recent analyst ratings were released by Wells Fargo, JP Morgan, and TD Cowen on November 15, 2024, October 14, 2024, and September 20, 2024, respectively. With an average price target of $70.67 between Wells Fargo, JP Morgan, and TD Cowen, there's an implied 10.52% upside for General Mills Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for General Mills (NYSE:GIS) was reported by Wells Fargo on November 15, 2024. The analyst firm set a price target for $70.00 expecting GIS to rise to within 12 months (a possible 9.48% upside). 42 analyst firms have reported ratings in the last year.
The latest analyst rating for General Mills (NYSE:GIS) was provided by Wells Fargo, and General Mills maintained their equal-weight rating.
The last upgrade for General Mills Inc happened on May 15, 2024 when Bernstein raised their price target to $70. Bernstein previously had an underperform for General Mills Inc.
The last downgrade for General Mills Inc happened on July 16, 2024 when Argus Research changed their price target from N/A to N/A for General Mills Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of General Mills, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for General Mills was filed on November 15, 2024 so you should expect the next rating to be made available sometime around November 15, 2025.
While ratings are subjective and will change, the latest General Mills (GIS) rating was a maintained with a price target of $77.00 to $70.00. The current price General Mills (GIS) is trading at is $63.94, which is out of the analyst’s predicted range.
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