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Analysts’ Opinions Are Mixed on These Consumer Goods Stocks: General Mills (GIS) and Diageo (OtherDGEAF)

Tipranks - Sat Jun 6, 12:44PM CDT

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 -1.3% and a 48.9% success rate. Alexander covers the NA sector, focusing on stocks such as SharkNinja, Inc., Mattel, and Hasbro. ;'>

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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