12 Oversold Blue Chip Stocks to Buy According to Analysts

10. General Mills, Inc. (NYSE:GIS)

On April 13, 2026, BTIG initiated coverage of General Mills, Inc. (NYSE:GIS) with a Neutral rating and no price target. BTIG said growth fundamentals remain pressured, citing uncertainty around outcomes from the Remarkability playbook, a leveraged balance sheet, and valuation that is not significantly discounted relative to U.S. food peers, while noting potential upside from a reversion in growth.

On April 8, 2026, Wells Fargo lowered its price target on General Mills, Inc. (NYSE:GIS) to $33 from $35. Wells Fargo said it is reducing estimates across the sector ahead of earnings, with revisions driven by company-specific commodity cost assumptions and margin outlook tied to inflation trends through 2026 and 2027, with recovery expected into 2028.

Last month, General Mills, Inc. (NYSE:GIS) reported Q3 adjusted EPS of 64c versus the 73c consensus estimate, with revenue of $4.37B compared to the $4.43B consensus. CEO Jeff Harmening said the company is reaffirming fiscal 2026 guidance, noting improved competitiveness from its “Remarkability playbook,” and expects stronger organic sales trends and a return to earnings growth in Q4, with further improvement anticipated in fiscal 2027 driven by prior investments and cost efficiency initiatives.

General Mills, Inc. (NYSE:GIS) produces and sells branded consumer food products globally.