Shares of General Mills Inc. (NYSE:GIS) traded at a new 12-month high today of $70.94. So far today approximately 489,000 shares have been exchanged, as compared to an average 30-day volume of 4.1 million shares.
General Mills is a leading global packaged food company that produces snacks, cereal, convenient meals, yogurt, dough, baking mixes and ingredients, pet food, and superpremium ice cream. Its largest brands are Nature Valley, Cheerios, Old El Paso, Yoplait, Pillsbury, Betty Crocker, BLUE, and Haagen-Dazs. In fiscal 2021, 75% of its revenue was derived from the United States, although the company also operates in Canada, Europe, Australia, Asia, and Latin America. While most of General Mills’ products are sold through retail stores to consumers, the company also sells products into the food-service channel and the commercial baking industry.
Over the past year, General Mills Inc. has traded in a range of $56.67 to $70.94 and is now at $70.47, 24% above that low.
Potential upside of 0.3% exists for General Mills Inc., based on a current level of $70.47 and analysts’ average consensus price target of $70.69.
About BillionDollarClub
BillionDollarClub (BDC) is the exclusive home of the biggest and brightest companies covered by IBN, a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution to nearly 2 million followers, and (5) a full array of corporate communications solutions. This is the place you want to be, where every covered company has a market cap in excess of $1 billion. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled visibility, recognition and brand awareness. While IBN’s client list includes companies big and small, BillionDollarClub is the gold standard.
To receive SMS text alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit https://www.BillionDollarClub.com
Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: http://IBN.fm/Disclaimer
BillionDollarClub (BDC)
Los Angeles, California
www.BillionDollarClub.com
310.299.1717 Office
Editor@BillionDollarClub.com
BillionDollarClub is part of the InvestorBrandNetwork.
A major immigration raid at a Hyundai battery production facility in Georgia has sparked wide…
D-Wave recently introduced an open-source quantum AI toolkit that enables developers to seamlessly integrate D-Wave…
MasterCard is making it clear that cryptocurrencies and blockchain are not a financial revolution, but…
China’s electric vehicle market is facing one of its toughest battles yet, and even the…
Tesla is facing tough times in the European Union as its sales continue to fall…
Electric vehicles have faced a lot of challenges in the United States, especially with President…