Market Overview

BMO Capital Reiterates Outperform Rating, $43 PT on General Mills

Share:
Related GIS
7 Biggest Price Target Changes For Wednesday
Benzinga's Top Upgrades, Downgrades For March 22, 2017
General Mills Is Worth Buying Despite Its Yogurt And Cereal Problem (Seeking Alpha)

In a report published earlier today, BMO Capital Markets reiterated its Outperform rating and $43.00 price target on General Mills, Inc. (NYSE: GIS).

In the report, BMO Capital stated, “With the exception of Greek yogurt, GIS continues to gain momentum across many of its categories by 1) capturing first mover advantages (e.g., glutenfree, focus on Hispanic consumers, whole grains); 2) supporting its core brands with industry-high ad spending; 3) solid pipeline of new products; and 4) distribution gains in alternative channels.”

Shares of General Mills were trading at $39.15 at the time of posting, up 1.29 percent from Tuesday's market close.

Latest Ratings for GIS

DateFirmActionFromTo
Mar 2017ArgusReiteratesHold
Mar 2017Stifel NicolausDowngradesHold
Mar 2017BernsteinDowngradesMarket PerformUnderperform

View More Analyst Ratings for GIS
View the Latest Analyst Ratings

Posted-In: BMO Capital MarketsAnalyst Color Reiteration Intraday Update Analyst Ratings

 

Related Articles (GIS)

View Comments and Join the Discussion!