Stock Rating Downgrade
In recent days the Value Trend Rating for B&G Foods Inc (NYSE: BGS) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 12/13/24, B&G Foods Inc (NYSE: BGS) stock increased 1.0%, closing at $7.83. However, this advance was accompanied by below average trading volume at 68% of normal. Relative to the market the stock has been weak over the last nine months but has risen 18.3% during the last week.
Current PriceTarget Research Rating
B&G Foods has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. B&G Foods has a slightly positive Appreciation Score of 70 but a very low Power Rating of 15, resulting in the Negative Value Trend Rating.
Be the first to comment