If you are wondering whether General Mills shares offer good value right now, you are not alone, especially with the stock sitting around US$44.63 at the last close.
Over the short term, the stock has returned 0.3% over the past week, while the 30 day return is a 5.1% decline and the one year return sits at a 24.0% decline, which may hint at shifting views on its growth potential and risk.
Recent headlines around General Mills have focused on how the company is positioned within the packaged food space and investor sentiment toward more defensive consumer names. Together with the share price performance over one, three and five years, this context helps frame why some investors are revisiting what they are willing to pay for the stock…