General Mills, Inc. is a prominent provider of food products with a market cap of $26.7 billion. Despite iconic brands, the company has underperformed the market, plunging 27.2% in the past year. After releasing fourth-quarter earnings, sales dropped 6%, leading to a 5.1% dip in shares.
Analysts predict a 13.1% earnings decline for General Mills this year, but the company has a history of exceeding estimates. Analyst consensus rates the stock as a “Hold.” Stifel’s Matthew Smith lowered the price target to $56 but maintains a “Buy” rating, signaling potential upside for the stock.
Read more at Yahoo Finance: General Mills Stock: Analyst Estimates & Ratings