Analyst Revises General Mills, Inc. (NYSE:GIS) Stock Target


General Mills, Inc. (NYSE:GIS) mean price target has been set at $60.690 by Thomson Reuters. The group worked out on the stock recommendations given by analysts in the First Call poll. Further, it is possible that the company may register per share earnings of $0.800 in the near-term quarter and $2.870 for the ongoing fiscal. The market cap of General Mills, Inc. Common Stoc was recorded at $39.46B after the stock closed at $66.385 in last trading day. What The Valuation Says? The price/earnings ratio is taken in the list of ratios that leads to a stock’s valuation. Commonly named as P/E ratio, it helps investors know where the company stands in the market. It is derived by dividing share’s latest price by per-share earnings. General Mills, Inc. (NYSE:GIS) has a P/E ratio of 27.129. Investors can identify how the stock is doing in the market by estimating Price-to-Earnings Growth ratio. General Mills, Inc. (NYSE:GIS) PEG ratio sits at 4.270. A low PEG ratio offers an investment opportunity to the opportunistic traders and investors. In case a stock has a reading in between 0 and 1, it represents undervalued stock. A reading of 1 and 2 represents fairly priced stocks. Technical Perspective The technical analysis of General Mills, Inc. Common Stoc visibly illustrates that the 50-day MA of General Mills, Inc. Common Stoc is $63.856, and stock is trading 2.529 or +3.960% distant from $63.856. The 200-day MA is $60.339, and this price is $6.046 or +10.021% off from current level. General Mills, Inc. (NYSE:GIS) 52-week high is $66.880 and the 52-week low is $47.500. This represents that if the stock moves $-0.495 points up on the chart to make a 52-week high. But, if it declines $+39.758%, then the shares price can hit a new 52-week low.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

Click Here to See This Now.

(Visited 6 times, 1 visits today)