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

Shares of Bunge Global SA (NYSE:BG) have received an average rating of “Moderate Buy” from the eleven research firms that are currently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $132.6667.

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

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in BG. Glencore plc boosted its holdings in shares of Bunge Global by 100.0% in the fourth quarter. Glencore plc now owns 65,612,206 shares of the basic materials company’s stock valued at $5,844,735,000 after acquiring an additional 32,806,103 shares in the last quarter. Norges Bank acquired a new position in shares of Bunge Global during the fourth quarter worth about $152,610,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings 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 purchasing an additional 1,165,071 shares in the last quarter. Merewether Investment Management LP purchased a new position in Bunge Global during the third quarter worth about $74,888,000. Finally, Vanguard Group Inc. lifted its position in 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 valued at $1,565,136,000 after purchasing an additional 777,805 shares during the period. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Bunge Global Stock Performance

BG stock traded up $0.67 during midday trading on Friday, hitting $114.29. 845,595 shares of the stock traded hands, compared to its average volume of 1,658,443. Bunge Global has a 1-year low of $71.60 and a 1-year high of $134.87. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.60 and a quick ratio of 0.69. The firm has a market cap of $22.17 billion, a P/E ratio of 26.64 and a beta of 0.65. The stock’s fifty day simple moving average is $119.74 and its 200-day simple moving average is $116.95.

Bunge Global (NYSE:BG) last issued its quarterly earnings results 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. Bunge Global had a net margin of 0.85% and a return on equity of 8.60%. The company had revenue of $21.86 billion during the quarter, compared to analyst estimates of $23.38 billion. During the same quarter in the previous year, the firm earned $1.81 EPS. The firm’s revenue was up 87.8% compared to the same quarter last year. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. On average, analysts expect that Bunge Global will post 9.61 earnings per share for the current year.

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.