Bunge Global SA (NYSE:BG) Receives $121.44 Consensus Price Target from Analysts

Shares of Bunge Global SA (NYSE:BG) have received an average recommendation of “Moderate Buy” from the ten brokerages that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $121.4444.

BG has been the topic of a number of recent analyst reports. Morgan Stanley boosted their price target on shares of Bunge Global from $120.00 to $130.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. Citigroup reissued a “buy” rating on shares of Bunge Global in a research note on Tuesday, December 2nd. Barclays increased their target price on Bunge Global from $120.00 to $135.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. Stephens reiterated an “overweight” rating and set a $130.00 price target on shares of Bunge Global in a report on Thursday, February 5th. Finally, CICC Research increased their price objective on Bunge Global from $90.00 to $110.00 in a research note on Friday, November 7th.

Bunge Global Trading Up 0.7%

Shares of NYSE BG opened at $122.54 on Wednesday. The company has a quick ratio of 0.74, a current ratio of 1.61 and a debt-to-equity ratio of 0.51. Bunge Global has a 12 month low of $68.33 and a 12 month high of $124.78. The company has a market cap of $23.70 billion, a price-to-earnings ratio of 22.61, a P/E/G ratio of 0.77 and a beta of 0.78. The business has a fifty day simple moving average of $102.61 and a 200-day simple moving average of $92.69.

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

Insider Buying and Selling at Bunge Global

In other news, VP Christos Dimopoulos sold 25,300 shares of the stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $94.37, for a total value of $2,387,561.00. Following the completion of the sale, the vice president directly owned 104,537 shares of the company’s stock, valued at $9,865,156.69. This represents a 19.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.80% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Bunge Global

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Glencore plc bought a new position in shares of Bunge Global during the 3rd quarter valued at $2,665,496,000. Norges Bank bought a new stake in Bunge Global in the second quarter worth $149,380,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Bunge Global by 168,119.9% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,165,764 shares of the basic materials company’s stock worth $103,846,000 after buying an additional 1,165,071 shares during the last quarter. Merewether Investment Management LP bought a new position in Bunge Global during the third quarter valued at about $74,888,000. Finally, Vanguard Group Inc. lifted its position in shares of Bunge Global by 4.6% in the fourth quarter. Vanguard Group Inc. now owns 17,570,009 shares of the basic materials company’s stock worth $1,565,136,000 after buying an additional 777,805 shares during the last quarter. 86.23% of the stock is owned by hedge funds and other 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.