Have Experts Now Turned Bearish On Agenus Inc. (AGEN), B&G Foods, Inc. (BGS)?

Agenus Inc. (NASDAQ:AGEN) recently ticked lower on weak volume. About 0.61 million contracts were traded on 06-Dec-17 compared to daily average volume of 1.47 million shares. The first sale was made at $3.77 but later the stock became weaker, and closed with a fall of -2.12%. It was last traded at $3.69 apiece.

Agenus Inc. (AGEN): Buy Candidate With 198.1% Upside Potential

Agenus Inc. is maintained at an average buy rating by 3 stock analysts, and there are at least 20.19% of shares outstanding that are currently legally short sold. The shares went up by 0.54% in value last month. Year-to-date it plunged -10.44%. Analysts are turning out to be more optimistic than before, with 3 of analysts who cover Agenus Inc. (NASDAQ:AGEN) advice adding it to buy candidate list. Wall Street experts also assign a $11 price target on Agenus Inc., pointing towards a 198.1% rally from current levels. The stock is trading for about -32.29% less than its 52-week high.

Agenus Inc. Reports 26.13% Sales Growth

Agenus Inc. (AGEN) remained unsuccessful in beating the consensus-estimated -$0.34 as it actually earned -$0.37 per share in its last reported financial results. Revenue, on the other hand, scored 26.13% growth from the previous quarter, coming up with $5.31 million.

AGEN Retreats -4.4% In A Week

This company shares (AGEN) so far managed to recover 15.31% since collapsing to its 52-week low. Over a month, it has seen its stock price volatility to stay at 5.26% while shortening the period to a week, volatility was 5.07%. The share price has yet to cross its 20 days moving average, floating at a distance of -1.53% and sits -9% lower versus its 50 days moving average. When looking at the past five sessions, the stock returned -4.4% losses and is down by -5.8% compared with its 200-day moving average of $3.98. Also, Agenus Inc. (AGEN) needs to overturn a -16.8% decrease it experienced over the past twelve months.

B&G Foods, Inc. (NYSE:BGS) Consensus Call At 2.1

As regular trading ended, B&G Foods, Inc. (BGS) stock brought in a -$1.25 drop to $34.9. The day started at a price of $36 but then traded as high as $36.85 before giving part of the gains back. As for this week, analysts appear content to stick with their neutral outlook with the consensus call at 2.1. B&G Foods, Inc. is given 4 buy-equivalent recommendations, 0 sells and 3 holds. The company shares sank -26.91% from their peak of $47.75 and now has a $2.33 billion market value of equity.

B&G Foods, Inc. Could Grow 12.06% More

BGS’s mean recommendation on Reuter’s scale slipped from 2.11 thirty days ago to 1.89 now, which indicates a buy consensus from the analyst community. They see B&G Foods, Inc. (BGS) price hitting a mean target of $39.11 a share, meaning the stock still has potential that could lift the price another 12.06% Also, the recent close suggests the stock is underpriced by 37.54% compared to the most bullish target.

B&G Foods, Inc. (BGS) Returns -20.32% This Year

The company had seen its current volume reaching at 2.15 million shares in the last trade. That compares with the recent volume average of 1.13 million. At the close of regular trading, its last week’s stock price volatility was 3.18% which for the month reaches 4.56%. B&G Foods, Inc. dipped to as low as $34.75 throughout the day and has returned -20.32% in this year. At one point in the past year, the shares traded as low as $29.50 but has recovered 18.31% since then.

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