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

Bunge Global SA (NYSE:BG) has received a consensus rating of “Moderate Buy” from the eleven ratings firms that are currently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $120.90.

Several research firms have recently commented on BG. JPMorgan Chase & Co. raised their price objective on shares of Bunge Global from $109.00 to $117.00 and gave the company an “overweight” rating in a research note on Tuesday, February 3rd. BMO Capital Markets reaffirmed an “outperform” rating and set a $130.00 target price on shares of Bunge Global in a research note on Thursday, February 5th. Citigroup reiterated a “buy” rating on shares of Bunge Global in a report on Tuesday, December 2nd. UBS Group raised their price target on shares of Bunge Global from $108.00 to $145.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Finally, Bank of America boosted their price target on shares of Bunge Global from $112.00 to $119.00 and gave the stock a “buy” rating in a research note on Thursday, January 8th.

Bunge Global Stock Performance

Shares of Bunge Global stock opened at $116.70 on Friday. The business has a 50-day moving average of $111.27 and a 200 day moving average of $96.85. Bunge Global has a 12 month low of $68.33 and a 12 month high of $124.78. The stock has a market capitalization of $22.58 billion, a price-to-earnings ratio of 21.53, a price-to-earnings-growth ratio of 0.74 and a beta of 0.75. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.61 and a quick ratio of 0.74.

Bunge Global (NYSE:BG) last released its earnings results on Wednesday, February 4th. The basic materials company reported $1.99 earnings per share for the quarter, beating the consensus estimate of $1.82 by $0.17. The company had revenue of $23.76 billion during the quarter, compared to the consensus estimate of $23 billion. Bunge Global had a return on equity of 8.69% and a net margin of 1.16%.Bunge Global’s revenue was up 75.5% compared to the same quarter last year. During the same period in the previous year, the company posted $2.13 EPS. Bunge Global has set its FY 2026 guidance at 7.500-8.000 EPS. As a group, sell-side analysts forecast that Bunge Global will post 7.94 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Foster Dykema Cabot & Partners LLC purchased a new position in shares of Bunge Global in the 3rd quarter valued at about $25,000. CoreCap Advisors LLC raised its holdings in Bunge Global by 2,000.0% during the third quarter. CoreCap Advisors LLC now owns 315 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 300 shares in the last quarter. Quest 10 Wealth Builders Inc. purchased a new stake in shares of Bunge Global during the 4th quarter worth approximately $27,000. Root Financial Partners LLC purchased a new stake in shares of Bunge Global during the 3rd quarter worth approximately $28,000. Finally, CYBER HORNET ETFs LLC acquired a new position in shares of Bunge Global in the 2nd quarter valued at $31,000. 86.23% of the stock is owned by institutional investors and hedge funds.

About Bunge Global

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.