In a report released yesterday, Kenneth Zaslow from BMO Capital reiterated a Hold rating on B&G Foods (BGS), with a price target of $28. The company’s shares closed yesterday at $24.28.
According to TipRanks.com, Zaslow is a 5-star analyst with an average return of 12.1% and a 75.0% success rate. Zaslow covers the Consumer Goods sector, focusing on stocks such as Sanderson Farms, Bunge Limited, and Kraft Heinz.
B&G Foods has an analyst consensus of Moderate Buy, with a price target consensus of $29.25, representing a 20.5% upside. In a report released yesterday, Buckingham also downgraded the stock to Hold with a $23 price target.
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B&G Foods’ market cap is currently $1.59B and has a P/E ratio of 9.29. The company has a Price to Book ratio of 1.77.
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B&G Foods, Inc. engages in the manufacture, sell, and distribution of shelf-stable foods and household products. Its products include frozen and canned vegetables, hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, and wine vinegar.
