Analysts’ Opinions Are Mixed on These Consumer Goods Stocks: General Mills (GIS) and Diageo (OtherDGEAF)
Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on General Mills (GIS) and Diageo (DGEAF).
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General Mills (GIS)
In a report released today, Megan Alexander from Morgan Stanley assigned a Sell rating to General Mills, with a price target of $32.00. The company’s shares closed last Friday at $32.94.
According to TipRanks.com, Alexander is a 1-star analyst with an average return of
Currently, the analyst consensus on General Mills is a Hold with an average price target of $35.87, representing a 10.4% upside. In a report issued on June 3, Bernstein also downgraded the stock to Sell with a $31.00 price target.
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Diageo (DGEAF)
Berenberg Bank analyst Javier Gonzalez Lastra maintained a Buy rating on Diageo today and set a price target of £22.30. The company’s shares closed last Friday at $20.20.
According to TipRanks.com, Lastra is ranked #3808 out of 12301 analysts.
Currently, the analyst consensus on Diageo is a Moderate Buy with an average price target of $25.82, a 26.7% upside from current levels. In a report issued on May 21, Kepler Capital also maintained a Buy rating on the stock with a p2300.00 price target.
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