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

Bunge Global SA (NYSE:BG) has received a consensus recommendation of “Moderate Buy” from the eleven research firms that are currently covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $126.60.

BG has been the subject of several recent research reports. Stephens reiterated an “overweight” rating and set a $130.00 price target on shares of Bunge Global in a research report on Thursday, February 5th. HSBC upped their price objective on Bunge Global from $80.00 to $116.00 and gave the stock a “hold” rating in a research report on Tuesday, March 3rd. Weiss Ratings lowered shares of Bunge Global from a “buy (b-)” rating to a “hold (c)” rating in a report on Monday, February 23rd. JPMorgan Chase & Co. boosted their target price 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. Finally, BMO Capital Markets increased their price target on shares of Bunge Global from $135.00 to $150.00 and gave the stock an “outperform” rating in a report on Tuesday.

Institutional Investors Weigh In On Bunge Global

Hedge funds have recently modified their holdings of the company. Glencore plc acquired a new stake in Bunge Global in the third quarter valued at approximately $2,665,496,000. Bryce Point Capital LLC purchased a new stake in shares of Bunge Global in the third quarter valued at approximately $535,000. Polianta Ltd acquired a new position in shares of Bunge Global during the 3rd quarter worth approximately $1,560,000. AE Wealth Management LLC raised its stake in shares of Bunge Global by 2.9% during the 3rd quarter. AE Wealth Management LLC now owns 168,635 shares of the basic materials company’s stock worth $13,702,000 after buying an additional 4,691 shares during the period. Finally, Voya Investment Management LLC lifted its position in shares of Bunge Global by 719.2% during the 3rd quarter. Voya Investment Management LLC now owns 303,928 shares of the basic materials company’s stock valued at $24,694,000 after buying an additional 266,827 shares in the last quarter. 86.23% of the stock is owned by hedge funds and other institutional investors.

Bunge Global Price Performance

NYSE:BG opened at $128.49 on Thursday. The firm’s fifty day moving average is $120.26 and its two-hundred day moving average is $101.93. The firm has a market cap of $24.86 billion, a price-to-earnings ratio of 23.71, a PEG ratio of 0.80 and a beta of 0.70. 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 has a one year low of $68.33 and a one year high of $131.50.

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