09:59 AM EDT, 06/23/2025 (MT Newswires) -- General Mills' ( GIS ) fiscal year 2026 organic sales are expected to be relatively flat, with the top and bottom line likely to be impacted by recent acquisitions and divestitures, RBC Capital said in a note Monday.

RBC analysts said General Mills ( GIS ) "remains a relative underperformer within consumer staples," adding that sentiment for the packaged food sector "remains overwhelmingly pessimist."

The analysts also said that volume recovery since the robust sales during the COVID-19 pandemic has been slower than expected, and that the company has "continuously traded at some of the largest discounts to its peer group over the last 5 years."

RBC maintained its sector perform rating and $67 price target on General Mills' ( GIS ) stock.

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