Argus Upgrades General Mills to “Buy” (GIS)
Argus reported on Wednesday that it has upgraded consumer foods company, General Mills, Inc. (GIS).
The firm has raised its ratings on GIS to a “Buy,” and has given the company a $57 price target. This price target suggests a 14.5% increase from the stock’s current price of $48.68.
General Mills shares were mostly flat during Wednesday morning trading. The stock has increased 24% in the past year.
The Bottom Line
Shares of General Mills, Inc. (GIS) have a 3.12% yield, based on Wednesday morning’s price of $48.68.
General Mills, Inc. (GIS) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.
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