UBS analyst Peter Grom maintained a Sell rating on General Mills today and set a price target of $49.00.
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Peter Grom has given his Sell rating due to a combination of factors impacting General Mills. One of the primary concerns is the company’s valuation, which appears high compared to its peers that are achieving similar growth levels. Additionally, there is skepticism about General Mills’ ability to meet its fiscal year 2026 guidance, especially in a challenging demand environment.
Another factor influencing the Sell rating is the lack of expected catalysts that could drive the stock upwards. The company’s recent performance has lagged behind the consumer staples sector, and the upcoming earnings report is not anticipated to bring any significant surprises or changes in guidance. Until there is clearer visibility on the company’s ability to accelerate top-line growth, the risk/reward profile remains unfavorable.
In another report released yesterday, J.P. Morgan also maintained a Sell rating on the stock with a $45.00 price target.