Stock Rating Upgrade
During the last several trading days the Value Trend Rating for B&G Foods Inc (NYSE: BGS) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
B&G Foods Inc (NYSE: BGS) stock closed at $7.09 on 12/27/24 after a slight decline of -0.7%. However, unusually low trading volume at 59% of normal accompanied the decline. The stock has declined -2.7% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
B&G Foods has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. B&G Foods has a good Appreciation Score of 73 but a poor Power Rating of 16, with the Low Neutral Value Trend Rating the result.
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