- General Mills embarks on a transformative journey aiming to enhance productivity.
- Anticipated charges of $130 million primarily for severance are projected through 2028.
- Investors can expect a potential 31.87% upside based on GuruFocus estimates.
General Mills (GIS) is embarking on a significant, multi-year transformation strategy. A key aspect of this strategy is enhancing productivity, which may involve workforce restructuring. The company has projected related charges to be approximately $130 million, primarily allocated for severance, with completion expected by fiscal 2028. Furthermore, General Mills is navigating increased regulatory scrutiny concerning synthetic dyes.
Forecast From Wall Street Analysts
According to data compiled from 20 analysts, the one-year average target price for General Mills Inc is $61.71. The forecasts range from a high of $72.11 to a low of $52.00. With the current stock price at $54.13, this average target suggests a potential upside of 14.00%. For further details, the General Mills Inc (GIS, Financial) Forecast page offers more comprehensive data.
Brokerage Recommendations
The average brokerage recommendation for General Mills, based on input from 23 firms, stands at 2.8, which translates to a "Hold" rating. This suggests a cautious stance among analysts, as the rating scale ranges from 1 (Strong Buy) to 5 (Sell).
GuruFocus GF Value Analysis
Utilizing GuruFocus estimates, the projected GF Value for General Mills in one year is $71.38. This implies a significant upside of 31.87% from its current trading price of $54.13. The GF Value represents GuruFocus' assessment of the stock’s fair trading value, calculated from historical trading multiples, past growth, and future performance projections. Investors seeking more detailed insights can refer to the General Mills Inc (GIS, Financial) Summary page.
