Analysts Set Bunge Global SA (NYSE:BG) Target Price at $132.67

Bunge Global SA (NYSE:BG) has been assigned an average rating of “Moderate Buy” from the eleven brokerages that are presently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $132.6667.

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Root Financial Partners LLC raised its stake in shares of Bunge Global by 23.5% in the first quarter. Root Financial Partners LLC now owns 446 shares of the basic materials company’s stock worth $57,000 after acquiring an additional 85 shares during the last quarter. Allworth Financial LP grew its stake in shares of Bunge Global by 10.4% during the fourth quarter. Allworth Financial LP now owns 1,039 shares of the basic materials company’s stock valued at $93,000 after purchasing an additional 98 shares during the last quarter. Gould Asset Management LLC CA increased its holdings in shares of Bunge Global by 2.3% in the first quarter. Gould Asset Management LLC CA now owns 4,379 shares of the basic materials company’s stock valued at $557,000 after purchasing an additional 99 shares in the last quarter. Optimize Financial Inc increased its holdings in shares of Bunge Global by 1.4% in the fourth quarter. Optimize Financial Inc now owns 7,194 shares of the basic materials company’s stock valued at $641,000 after purchasing an additional 100 shares in the last quarter. Finally, CoreCap Advisors LLC raised its position in Bunge Global by 19.3% in the 2nd quarter. CoreCap Advisors LLC now owns 747 shares of the basic materials company’s stock worth $80,000 after purchasing an additional 121 shares during the last quarter. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Bunge Global Price Performance

Shares of BG opened at $116.73 on Friday. The firm has a market cap of $22.65 billion, a PE ratio of 27.21 and a beta of 0.65. The company has a current ratio of 1.60, a quick ratio of 0.69 and a debt-to-equity ratio of 0.57. The firm has a fifty day simple moving average of $119.27 and a two-hundred day simple moving average of $117.55. Bunge Global has a 1-year low of $71.60 and a 1-year high of $134.87.

Bunge Global (NYSE:BG) last issued its quarterly earnings data on Wednesday, April 29th. The basic materials company reported $1.83 EPS for the quarter, topping the consensus estimate of $0.97 by $0.86. The company had revenue of $21.86 billion during the quarter, compared to analyst estimates of $23.38 billion. Bunge Global had a return on equity of 8.60% and a net margin of 0.85%.Bunge Global’s revenue was up 87.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.81 earnings per share. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. On average, equities analysts anticipate that Bunge Global will post 9.61 EPS for the current year.

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.