B & G FOODS reduced its risk exposure resulting in an upgrade to Positive
B & G FOODS (US), a company active in the Food Products industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 2 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Positive. As of the analysis date February 18, 2022, the closing price was USD 31.40 and its potential was estimated at USD 35.21.B&G Foods is a holding company. Through its subsidiaries, the company manufactures, sells and distributes branded shelf-stable and frozen foods and household products across the U.S., Canada and Puerto Rico. The company complements its branded product retail sales with institutional and food service sales and private label sales. The company's 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 products.
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