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B&G Foods (NYSE:BGS) target price raised to $57.00, issued a report today by RBC Capital

Boasting a price of $50.47, B&G Foods (NYSE:BGS) traded 1.69% higher on the day. With the last stock price close up 17.60% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of $47.97 and a 200-day moving average of $42.92. 883,944 shares of the stock were exchanged, up from an average trading volume of 679,325

Reporting as potential upside of 0.13%, RBC Capital upped the price target of B&G Foods (NYSE:BGS) to $57.00

On 8/09/2016, DA Davidson reported about B&G Foods (NYSE:BGS) increased the target price from $0.00 to $52.00 that suggested an upside of 0.02%.

See Chart Below

B&G Foods (NYSE:BGS)

B&G Foods has a 52 week low of $31.81 and a 52 week high of $52.84 with a PE ratio of 31.82 B&G Foods’s market capitalization is currently $0.

In addition to RBC Capital reporting its stock price target, a total of 8 brokerages have issued a ratings update on BGS. The one year target is $41.50 with one analyst rating the company a strong buy, one analyst rating the company a buy, seven analysts rating the company a hold, zero analysts rating the company a underperform, and lastly zero analysts rating the company a sell.

General Company Details For B&G Foods (NYSE:BGS)

B&G Foods, Inc. is a holding company. The Company manufactures, sells and distributes a diverse portfolio of shelf-stable and frozen food, and household products across the United States, 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, wine vinegar, maple syrup, molasses, salad dressings, pizza crusts, 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. Its products are marketed under various brands, including Ac'cent, B&G, B&M, Baker's Joy, Bear Creek Country Kitchens, Brer Rabbit, Canoleo, Cary's, Cream of Rice, Cream of Wheat, Devonsheer, Don Pepino, Emeril's, Grandma's Molasses, Green Giant, JJ Flats, Joan of Arc, Las Palmas, Le Sueur, MacDonald's, Mama Mary's, Maple Grove Farms of Vermont and Molly McButter.

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