B&G Foods (BGS) Shares are Down -2.28%

B&G Foods (BGS) has risen sharply, recording gains of 2.12% in the past 4 weeks. However, the stock has corrected -2.28% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 2.67% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

The stock has recorded a 20-day Moving Average of 3.29% and the 50-Day Moving Average is 2.88%.The 200 Day SMA reached 21.89%


B&G Foods (NYSE:BGS): After opening at $49.14, the stock dipped to an intraday low of $48.71 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $49.49 and the buying power remained strong till the end. The stock closed at $49.18 for the day, a gain of 0.74% for the day session. The total traded volume was 743,911. The stocks close on the previous trading day was $49.18.

B&G Foods (BGS) : 6 Wall Street analysts covering B&G Foods (BGS) believe that the average level the stock could reach for the short term is $49.67. The maximum price target given is $57 and the minimum target for short term is around $38, hence the standard deviation is calculated at $6.59.

B&G Foods, Inc. (B&G Foods) is a holding company that manufactures, sells and distributes a range of shelf-stable food and household products across the United States, Canada and Puerto Rico. Its products include hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, wine vinegar, maple syrup, molasses, salad dressings, Mexican-style sauces, dry soups, taco shells and kits, salsas, pickles, peppers, tomato-based products, puffed corn and rice snacks, nut clusters and other specialty products. The Companys products are marketed under a range of brands, including Accent, B&G, B&M, Bakers Joy, Bear Creek Country Kitchens, Brer Rabbit, Canoleo, Carys, Cream of Rice, Cream of Wheat, Devonsheer, Don Pepino, Emerils, Grandmas Molasses, JJ Flats, Joan of Arc, Las Palmas, MacDonalds, Maple Grove Farms of Vermont and Molly McButter, among others.

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