General Mills (GIS) : During the past 4 weeks, traders have been relatively bearish on General Mills (GIS), hence the stock is down -1.21% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.16% relative to the S&P 500. The 4-week change in the price of the stock is -1.42% and the stock has fallen -0.81% in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.19% and the fifty day Moving Average is 0.88%. General Mills, Inc. is up 13.48% in the last three month period. Year-to-Date the stock performance stands at 25.6%.
General Mills (GIS) has been rated by 9 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $75 and the lowest price target forecast is $65. The average forecast of all the analysts is $68.89 and the expected standard deviation is $3.86.
General Mills (NYSE:GIS): On Fridays trading session , Opening price of the stock was $71.339 with an intraday high of $71.68. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $70.69. However, the stock managed to close at $70.87, a loss of 0.73% for the day. On the previous day, the stock had closed at $71.39. The total traded volume of the day was 1,975,309 shares.
General Mills, Inc. is a manufacturer and marketer of branded consumer foods sold through retail stores. The Company is also a supplier of branded and unbranded food products to the North American foodservice and commercial baking industries. The Company is organized into three operating segments: U.S. Retail, International, and Convenience Stores and Foodservice. The Company offers a range of food products with a focus on five categories: ready-to-eat cereal; convenient meals, including meal kits, ethnic meals, pizza, soup, side dish mixes, frozen breakfast and frozen entrees; snacks, including grain, fruit and savory snacks, nutrition bars and frozen hot snacks; yogurt, and super-premium ice cream. The Companys other product categories include baking mixes and ingredients; refrigerated and frozen dough, and frozen and shelf-stable vegetables. The Company has 50% interests in two joint ventures that manufacture and market food products.