B&G Foods (BGS) Receives a Hold from Jefferies


In a report released today, Robert Dickerson from Jefferies maintained a Hold rating on B&G Foods (BGS), with a price target of $30.00. The company’s shares closed last Wednesday at $31.16.

According to TipRanks.com, Dickerson is a 3-star analyst with an average return of 6.5% and a 58.8% success rate. Dickerson covers the Consumer Goods sector, focusing on stocks such as The Simply Good Foods Company, Mondelez International, and Lamb Weston Holdings.

B&G Foods has an analyst consensus of Hold, with a price target consensus of $28.50.

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The company has a one-year high of $47.84 and a one-year low of $10.39. Currently, B&G Foods has an average volume of 1.87M.

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B&G Foods, Inc.is a holding company, which engages in the manufacture, sale, and distribution of shelf-stable frozen food, and household products in the U.S., Canada, and Puerto Rico. Its products include frozen and canned vegetables, hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, and wine vinegar. Its brands include Back to Nature, Bear Creek, Cream of Wheat, Green Giant, Mrs. Dash, and Ortega. The company was founded in 1889 and is headquartered in Parsippany, NJ.

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