Stock Research Monitor: BGS, NOMD, and SJM
LONDON, UK / ACCESSWIRE / July 13, 2018 / If you want a free Stock Review on CPB sign up now at www.wallstequities.com/registration. WallStEquities.com presents for evaluation B&G Foods Inc. (NYSE: BGS), Campbell Soup Co. (NYSE: CPB), Nomad Foods Ltd (NYSE: NOMD), and The J. M. Smucker Co. (SJM). Processed and Packaged Goods companies are considered consumer staples in as much as they sell products that are consumed all year round in all economic cycles, such as basic foods and beverages. All you have to do is sign up today for this free limited time offer by clicking the link below.
Parsippany, New Jersey headquartered B&G Foods Inc.'s stock finished Thursday's session 1.94% lower at $30.40 with a total trading volume of 1.14 million shares. The Company's shares have advanced 1.33% in the past month and 21.36% over the previous three months. The stock is trading above its 50-day moving average by 5.75%. Furthermore, shares of B&G Foods, which manufactures, sells, and distributes a portfolio of shelf-stable and frozen foods in the US, Canada, and Puerto Rico, have a Relative Strength Index (RSI) of 48.87.
On June 19th, 2018, research firm Piper Jaffray resumed its 'Neutral' rating on the Company's stock, with a target price of $31 per share. Get the full research report on BGS for free by clicking below at: www.wallstequities.com/registration/?symbol=BGS.
Shares in Camden, New Jersey headquartered Campbell Soup Co. ended at $41.37, down 2.43% from the last trading session. The stock recorded a trading volume of 2.45 million shares. The Company's shares have gained 17.76% in the last month. The stock is trading 9.12% above its 50-day moving average. Moreover, shares of Campbell Soup, which together with its subsidiaries, manufactures and markets branded food and beverage products, have an RSI of 58.63.
On July 11th, 2018, Campbell Soup announced the appointment of Diego Palmieri as Vice President and Chief Marketing Officer - US Meals & Beverages, effective July 18th, 2018. Mr. Palmieri will report to Roberto Leopardi, President - Meals & Beverages. CPB's complimentary research coverage is a few simple steps away at: www.wallstequities.com/registration/?symbol=CPB.
Feltham, the UK-based Nomad Foods Ltd's stock ended yesterday's session 1.49% lower at $18.57 with a total trading volume of 1.15 million shares. The Company's shares have advanced 4.03% in the past month, 18.81% over the previous three months, and 33.12% over the past year. The stock is trading 2.86% and 12.50% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Nomad Foods, which manufactures and distributes frozen foods in Western Europe, have an RSI of 47.82.
On June 28th, 2018, research firm Wells Fargo initiated an 'Outperform' rating on the Company's stock, with a target price of $23 per share.
On July 02nd, 2018, Nomad Foods announced that it has completed its previously announced acquisition of Aunt Bessie's Limited from William Jackson & Son Limited for a purchase price of approximately €240 million. Aunt Bessie's is a leading frozen food company in the UK where it manufactures, distributes, and sells a range of branded frozen food products. Are you already registered with Wall St. Equities? Do so now for free, and get the report on NOMD at: www.wallstequities.com/registration/?symbol=NOMD.
On Thursday, shares in Orrville, Ohio headquartered The J.M. Smucker Co. recorded a trading volume of 732,062 shares. The stock finished 0.11% lower at $109.73. The Company's shares have advanced 3.62% in the last month. The stock is trading above its 50-day moving average by 0.94%. Furthermore, shares of J.M. Smucker, which manufactures and markets branded food and beverage products worldwide, have an RSI of 53.62.
On July 09th, 2018, J.M. Smucker announced the signing of a definitive agreement to sell its US baking business to Brynwood Partners VII L.P. and Brynwood Partners VIII L.P., subsidiaries of Brynwood Partners, in a transaction valued at$375 million. The transaction primarily encompasses products sold in US retail channels under thePillsbury®,Martha White®,Hungry Jack®,White Lily®, andJim Dandy®brands, along with all relevant trademarks and licensing agreements, and the Company's manufacturing facility inToledo, Ohio. Aspiring Member, please take a moment to register below for your free research report on SJM at: www.wallstequities.com/registration/?symbol=SJM.
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