Bunge Global SA (NYSE:BG) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Bunge Global SA (NYSE:BG) have been given an average rating of “Moderate Buy” by the eleven research firms that are covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $132.6667.

Several analysts have recently commented on the company. BMO Capital Markets increased their target price on Bunge Global from $135.00 to $150.00 and gave the stock an “outperform” rating in a report on Tuesday, March 31st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bunge Global in a report on Friday, May 22nd. Barclays upped their price target on shares of Bunge Global from $145.00 to $150.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Zacks Research lowered shares of Bunge Global from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Bunge Global from $130.00 to $134.00 and gave the company an “overweight” rating in a research report on Tuesday, March 24th.

Bunge Global Stock Up 2.8%

Shares of BG opened at $119.02 on Friday. The company has a market capitalization of $23.09 billion, a P/E ratio of 27.74 and a beta of 0.65. Bunge Global has a one year low of $73.17 and a one year high of $134.87. The business’s 50 day simple moving average is $118.78 and its 200-day simple moving average is $117.94. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.60 and a quick ratio of 0.69.

Bunge Global (NYSE:BG) last released its quarterly earnings results on Wednesday, April 29th. The basic materials company reported $1.83 earnings per share for the quarter, beating analysts’ consensus estimates of $0.97 by $0.86. Bunge Global had a return on equity of 8.60% and a net margin of 0.85%.The firm had revenue of $21.86 billion during the quarter, compared to analysts’ expectations of $23.38 billion. During the same period last year, the firm posted $1.81 EPS. The business’s revenue was up 87.8% on a year-over-year basis. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. As a group, sell-side analysts predict that Bunge Global will post 9.61 EPS for the current fiscal year.

Institutional Trading of Bunge Global

Several hedge funds have recently modified their holdings of BG. Quest 10 Wealth Builders Inc. acquired a new position in Bunge Global during the 4th quarter worth $27,000. CYBER HORNET ETFs LLC bought a new position in Bunge Global in the 2nd quarter valued at $31,000. MUFG Securities EMEA plc acquired a new stake in shares of Bunge Global in the 2nd quarter valued at $32,000. Stance Capital LLC acquired a new stake in shares of Bunge Global in the 3rd quarter valued at $34,000. Finally, Bank Julius Baer & Co. Ltd Zurich acquired a new stake in shares of Bunge Global in the 4th quarter valued at $35,000. 86.23% of the stock is owned by institutional investors.

Bunge Global Company Profile

Bunge Global is a leading agribusiness and food company that processes oilseeds and grains, produces sugar and bioenergy, and supplies fertilizers and other agricultural inputs. The company operates an integrated value chain that spans origination, processing, and distribution, enabling it to serve food processors, livestock producers, and retail customers worldwide. Through its network of processing plants, port terminals and logistics assets, Bunge handles a diverse portfolio of commodities, including soybeans, corn, wheat, vegetable oils, and sugarcane.

The company’s core business activities are organized into agribusiness and food & ingredients segments.