Is there a Bearish outlook for B&G Foods, Inc. (NYSE:BGS) this week?

September 15, 2018 - By Lisa Delgado

B&G Foods, Inc. (NYSE:BGS) Logo

B&G Foods, Inc. (NYSE:BGS) Ratings Coverage

Among 4 analysts covering B&G Foods (NYSE:BGS), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. B&G Foods had 4 analyst reports since April 3, 2018 according to SRatingsIntel. The stock of B&G Foods, Inc. (NYSE:BGS) earned “Buy” rating by RBC Capital Markets on Tuesday, April 3. Berenberg upgraded B&G Foods, Inc. (NYSE:BGS) on Friday, May 4 to “Buy” rating. Credit Suisse upgraded B&G Foods, Inc. (NYSE:BGS) on Tuesday, April 3 to “Hold” rating. The stock has “Hold” rating by Piper Jaffray on Tuesday, June 19. Below is a list of B&G Foods, Inc. (NYSE:BGS) latest ratings and price target changes.

19/06/2018 Broker: Piper Jaffray Rating: Hold New Target: $31.0000 Initiate
04/05/2018 Broker: Berenberg Old Rating: Hold New Rating: Buy Upgrade
03/04/2018 Broker: Credit Suisse Rating: Hold New Target: $21.0000 Upgrade
03/04/2018 Broker: RBC Capital Markets Rating: Buy New Target: $38.0000 Maintain

The stock decreased 2.76% or $0.9 during the last trading session, reaching $31.7. About 647,594 shares traded. B&G Foods, Inc. (NYSE:BGS) has risen 1.59% since September 15, 2017 and is uptrending. It has underperformed by 14.03% the S&P500.

B&G Foods, Inc. manufactures, sells, and distributes a portfolio of shelf-stable, and frozen food and household products in the United States, Canada, and Puerto Rico. The company has market cap of $2.09 billion. The Company’s products include frozen and canned vegetables, hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, wine vinegar, maple syrup, molasses, salad dressings, pizza crusts, Mexican-style sauces, dry soups, taco shells and kits, salsas, pickles, peppers, tomato products, puffed corn and rice snacks, nut clusters, and other specialty products. It has a 11.03 P/E ratio. The firm markets its products under various brands, including AcÂ’cent, B&G, B&M, BakerÂ’s Joy, Bear Creek Country Kitchens, Brer Rabbit, Canoleo, CaryÂ’s, Cream of Rice, Cream of Wheat, Devonsheer, Don Pepino, Durkee, EmerilÂ’s, GrandmaÂ’s Molasses, Green Giant, JJ Flats, Joan of Arc, Las Palmas, Le Sueur, MacDonaldÂ’s, Mama MaryÂ’s, Maple Grove Farms of Vermont, Molly McButter, Mrs.

Another recent and important B&G Foods, Inc. (NYSE:BGS) news was published by Seekingalpha.com which published an article titled: “Wall Street Breakfast: Trio Of Central Bank Decisions” on September 13, 2018.

B&G Foods, Inc. (NYSE:BGS) Ratings Chart

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