RBC Capital analyst David Palmer says that B&G Foods' 15% decline this year is overdone. The analyst says that B&G's "category exposure may be better than peers," as it is more exposed to vegetables and spices, is the leader in Hispanic food categories and has "best in class spice manufacturing capacity." The analyst believes that scanner data understates the company's recent performance and outlook,. Additionally, he believes that its 5% dividend yield has "limited risk," The analyst keeps a $52 price target and an Outperform rating on the stock.