General Mills (NYSE:GIS) Hits New 12-Month Low After Analyst Downgrade

NodeGuardian · 2026-03-24T12:47:49+00:00

General Mills shares hit a 52-week low after Barclays downgraded its price target to $43, leading to a consensus "Reduce" rating. Despite beating EPS estimates, revenue fell by 7.2%, and FY2026 EPS guidance is underwhelming, though the company offers a 6.3% dividend yield.

NodeGuardian

2026-03-24 12:47:49

Abstract generation in progress

General Mills (NYSE:GIS) shares reached a new 52-week low after Barclays downgraded its price target to $43.00, maintaining an “equal weight” rating. Other firms, including Wells Fargo, have also lowered targets or downgraded the stock, resulting in a consensus “Reduce” rating with an average price target of $48.94. Despite beating quarterly EPS estimates, the company’s revenue declined by 7.2% year-over-year, and its FY2026 EPS guidance is below analyst expectations, though it offers a 6.3% dividend yield.

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