Zacks downgraded shares of Bunge Limited (NYSE: BG) from a neutral rating to an underperform rating in a research note released on Thursday morning. They currently have $71.40 price target on the stock.
A number of other firms have also recently commented on BG. Analysts at Feltl & Co. downgraded shares of Bunge Limited from a strong-buy rating to a hold rating in a research note to investors on Friday, February 8th. They now have a $74.00 price target on the stock, down previously from $82.00. Separately, analysts at JPMorgan Chase initiated coverage on shares of Bunge Limited in a research note to investors on Monday, January 7th. They set an overweight rating and a $85.00 price target on the stock. Finally, analysts at Miller Tabak reiterated a buy rating on shares of Bunge Limited in a research note to investors on Friday, December 7th. They now have a $80.00 price target on the stock.
Bunge Limited traded up 1.24% on Thursday, hitting $74.91. Bunge Limited has a 1-year low of $57.10 and a 1-year high of $80.99. The stock’s 50-day moving average is currently $76.11. The company has a market cap of $10.937 billion and a price-to-earnings ratio of 404.32.
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