Analysts Swing to Diverse Views for Intercontinental Exchange, Inc. (ICE), B&G Foods, Inc. (BGS)

Shares of Intercontinental Exchange, Inc. (NYSE:ICE) opened at $71.2, and ended 0.06% higher at $71.42. Nearly 3.48 million shares were traded by the close, higher than its average daily volume of 2.73 million shares.

Intercontinental Exchange, Inc. (ICE) Analyst Opinion

Intercontinental Exchange, Inc. has a consensus outperform rating from 16 Wall Street analysts, and the number of shares currently sold short amount to at least 0.83% of shares outstanding. The stock sank -1.44% last month and is up 1.22 this year. Wall Street is only getting more bullish on the stock, with 14 of analysts who cover ICE having a buy-equivalent rating. Analysts have placed a $81.8 price target on Intercontinental Exchange, Inc., suggesting a 14.53% gain from recent close. It’s currently trading about -6.4% below its 52-week high.

Intercontinental Exchange, Inc. Earnings Surprise

Intercontinental Exchange, Inc. (ICE) surprised the stock market in its last reported earnings when it earned $0.9 a piece versus the consensus-estimated $0.88. Its revenue totaled $1.22 billion up 6.69% from the previous quarter.

Intercontinental Exchange, Inc. (NYSE:ICE) Intraday View

This stock (ICE) is ahead of its 52-week low with 23.33%. Its last month’s stock price volatility remained 1.6% which for the week stands at 1.67%. The share price has moved backward from its 20 days moving average, trading at a distance of -1.47% and stays -1.82% away from its 50 days moving average. Over the last five days, shares have managed 1.67% gains and now is up 2.22% since hitting its 200-day moving average of $71.34. Intercontinental Exchange, Inc. (ICE) has made its way to a 12-month gain of 20.91%.

Turning to B&G Foods, Inc. (NYSE:BGS), its shares were trading at $27.15 a gain of $0.7, on the trading floor. The stock, after opening at $27.05, touched a high of $27.5 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.3. B&G Foods, Inc. has 4 buy ratings, 2 holds and 0 sells even after the stock tumbled -34.1% from its high of $41.20 to a $1.81 billion market value through last close.

B&G Foods, Inc. (BGS) Consensus Price Target

The company’s consensus rating on Reuter’s scale slipped from 2.22 to 2 during a month. Analysts set a 12-month price target of $32.56 a share. The target implies a 19.93% spike from where the shares are currently trading. Also, the current price highlights a discount of 39.96% to analysts’ high consensus price target.

B&G Foods, Inc. (NYSE:BGS) Intraday Trading

The counter witnessed a trading volume of 1.27 million shares versus an average volume of 1.38 million shares during last trading session. Its last month’s stock price volatility remained 3.3% which for the week approaches 4.35%. The lowest price the stock reached in the last trading day was $26.55 and compares with the $22.00 52-week low. The stock recovered 23.41% since its low point and has performed -22.76% year-to-date.