Bunge Global (NYSE:BG) Price Target Raised to $145.00

Bunge Global (NYSE:BG) had its price target hoisted by analysts at Barclays from $135.00 to $145.00 in a research note issued to investors on Wednesday,MarketScreener reports. The firm presently has an “overweight” rating on the basic materials company’s stock. Barclays‘s target price would suggest a potential upside of 13.78% from the stock’s previous close.

A number of other equities research analysts have also issued reports on BG. JPMorgan Chase & Co. boosted their target price on Bunge Global from $130.00 to $134.00 and gave the stock an “overweight” rating in a report on Tuesday, March 24th. BMO Capital Markets boosted their price target on shares of Bunge Global from $130.00 to $135.00 and gave the company an “outperform” rating in a research report on Wednesday, March 11th. Citigroup restated a “buy” rating on shares of Bunge Global in a research report on Tuesday, December 2nd. HSBC boosted their target price on shares of Bunge Global from $80.00 to $116.00 and gave the company a “hold” rating in a report on Tuesday, March 3rd. Finally, Stephens restated an “overweight” rating and set a $130.00 price target on shares of Bunge Global in a report on Thursday, February 5th. Eight investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Bunge Global presently has an average rating of “Moderate Buy” and an average target price of $126.60.

Bunge Global Stock Performance

Shares of Bunge Global stock traded up $0.24 during trading on Wednesday, hitting $127.44. 388,465 shares of the company’s stock were exchanged, compared to its average volume of 1,835,191. The stock has a market capitalization of $24.66 billion, a price-to-earnings ratio of 23.52, a PEG ratio of 0.79 and a beta of 0.75. The business has a 50-day simple moving average of $119.93 and a 200-day simple moving average of $101.74. Bunge Global has a 52-week low of $68.33 and a 52-week high of $131.50. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.74 and a current ratio of 1.61.

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

Hedge Funds Weigh In On Bunge Global

Several large investors have recently bought and sold shares of the stock. Hsbc Holdings PLC raised its stake in Bunge Global by 76.0% during the 4th quarter. Hsbc Holdings PLC now owns 92,925 shares of the basic materials company’s stock valued at $8,314,000 after acquiring an additional 40,134 shares during the last quarter. Stance Capital LLC grew its position in Bunge Global by 9,240.8% in the 4th quarter. Stance Capital LLC now owns 38,671 shares of the basic materials company’s stock valued at $3,445,000 after buying an additional 38,257 shares during the last quarter. World Investment Advisors acquired a new position in Bunge Global in the 4th quarter valued at $223,000. Corient Private Wealth LLC raised its position in Bunge Global by 15.6% during the 4th quarter. Corient Private Wealth LLC now owns 19,430 shares of the basic materials company’s stock worth $1,733,000 after buying an additional 2,625 shares during the last quarter. Finally, Compound Planning Inc. acquired a new stake in shares of Bunge Global in the 4th quarter worth $203,000. Institutional investors and hedge funds own 86.23% of the company’s stock.

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.