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

Shares of Bunge Global SA (NYSE:BG) have earned an average rating of “Moderate Buy” from the ten brokerages that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is $121.4444.

Several brokerages have recently commented on BG. Morgan Stanley increased their price target on shares of Bunge Global from $120.00 to $130.00 and gave the stock an “overweight” rating in a research note on Thursday, February 5th. Citigroup reissued a “buy” rating on shares of Bunge Global in a research report on Tuesday, December 2nd. Stephens reaffirmed an “overweight” rating and issued a $130.00 price target on shares of Bunge Global in a research report on Thursday, February 5th. Barclays upped their price target on Bunge Global from $120.00 to $135.00 and gave the stock an “overweight” rating in a research note on Thursday, February 5th. Finally, CICC Research raised their price objective on Bunge Global from $90.00 to $110.00 in a research note on Friday, November 7th.

Insider Activity at Bunge Global

In other news, VP Christos Dimopoulos sold 25,300 shares of Bunge Global 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 transaction, the vice president owned 104,537 shares of the company’s stock, valued at $9,865,156.69. This trade represents a 19.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.80% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Foster Dykema Cabot & Partners LLC acquired a new stake in shares of Bunge Global in the third quarter worth $25,000. CoreCap Advisors LLC grew its position in Bunge Global by 2,000.0% in the 3rd quarter. CoreCap Advisors LLC now owns 315 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 300 shares during the last quarter. Quest 10 Wealth Builders Inc. bought a new position in shares of Bunge Global during the 4th quarter worth about $27,000. Root Financial Partners LLC acquired a new position in shares of Bunge Global during the third quarter valued at about $28,000. Finally, Ameritas Advisory Services LLC acquired a new position in shares of Bunge Global during the second quarter valued at about $29,000. 86.23% of the stock is currently owned by institutional investors and hedge funds.

Bunge Global Trading Down 0.3%

Shares of NYSE BG opened at $118.28 on Wednesday. The business has a 50 day simple moving average of $100.95 and a 200 day simple moving average of $91.96. Bunge Global has a 52 week low of $68.33 and a 52 week high of $121.64. The stock has a market cap of $22.87 billion, a price-to-earnings ratio of 21.82, a PEG ratio of 0.75 and a beta of 0.78. 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 issued its quarterly earnings data 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 firm had revenue of $23.76 billion for the quarter, compared to analyst estimates of $23 billion. Bunge Global had a net margin of 1.16% and a return on equity of 8.69%. The company’s revenue for the quarter was up 75.5% on a year-over-year basis. During the same quarter last year, the firm earned $2.13 earnings per share. Bunge Global has set its FY 2026 guidance at 7.500-8.000 EPS. On average, research analysts predict that Bunge Global will post 7.94 earnings per share for the current fiscal 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.