TD Cowen has revised its price target for General Mills (GIS, Financial) downwards to $50 from the previous $52, maintaining a Hold rating on the stock. The firm suggests that market estimates are failing to fully account for challenges posed by cost inflation and tariffs. They anticipate the company's valuation multiple will align more closely with its food industry counterparts, as General Mills' organic growth is expected to lag behind its peers for the third consecutive year.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 20 analysts, the average target price for General Mills Inc (GIS, Financial) is $60.21 with a high estimate of $72.11 and a low estimate of $52.00. The average target implies an upside of 13.68% from the current price of $52.96. More detailed estimate data can be found on the General Mills Inc (GIS) Forecast page.
Based on the consensus recommendation from 23 brokerage firms, General Mills Inc's (GIS, Financial) average brokerage recommendation is currently 2.9, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for General Mills Inc (GIS, Financial) in one year is $71.38, suggesting a upside of 34.78% from the current price of $52.96. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the General Mills Inc (GIS) Summary page.
