General Mills: Jefferies raises target price

(CercleFinance.com) - On Tuesday Analysts at Jefferies confirmed their "hold" rating on the General Mills share, with a target price of 63 dollars.


The broker has added a dollar to its target price for the share (from 62 dollars previously).

"Although General Mills could be a safe name to own given the COVID-driven consumption bump and improving cash flow flexibility over the next two years, we remain sidelined for now due to constrained near-term growth potential," the broker said.

The share is up slightly in early trading (about +0.2%) on Tuesday.


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