Bunge (NYSE:BG) Earning Somewhat Favorable Media Coverage, Report Shows

Headlines about Bunge (NYSE:BG) have trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Bunge earned a media sentiment score of 0.05 on Accern’s scale. Accern also assigned press coverage about the basic materials company an impact score of 45.1346370493453 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

These are some of the media headlines that may have effected Accern’s scoring:

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Shares of Bunge (NYSE:BG) opened at $75.87 on Wednesday. Bunge has a 1-year low of $63.87 and a 1-year high of $83.75. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.67 and a quick ratio of 0.86. The stock has a market cap of $10,670.00, a PE ratio of 67.74, a P/E/G ratio of 1.62 and a beta of 1.13.

Bunge (NYSE:BG) last posted its earnings results on Wednesday, February 14th. The basic materials company reported $0.67 EPS for the quarter, missing the Zacks’ consensus estimate of $1.48 by ($0.81). Bunge had a net margin of 0.35% and a return on equity of 4.36%. The company had revenue of $11.61 billion during the quarter, compared to analyst estimates of $12.57 billion. During the same period in the previous year, the company earned $1.70 EPS. The company’s quarterly revenue was down 1.6% compared to the same quarter last year. research analysts expect that Bunge will post 3.9 EPS for the current fiscal year.

A number of research firms have recently issued reports on BG. Citigroup raised shares of Bunge from a “neutral” rating to a “buy” rating and upped their target price for the stock from $77.99 to $89.00 in a report on Tuesday, March 6th. JPMorgan Chase & Co. raised shares of Bunge from a “neutral” rating to an “overweight” rating and set a $90.00 price objective for the company in a report on Wednesday, March 7th. Vertical Group raised shares of Bunge from a “hold” rating to a “buy” rating in a report on Thursday, December 14th. Credit Suisse Group set a $84.00 price objective on shares of Bunge and gave the company a “buy” rating in a report on Monday, January 22nd. Finally, Piper Jaffray Companies reissued a “buy” rating on shares of Bunge in a report on Thursday, February 15th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $85.86.

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About Bunge

Bunge Limited is an agribusiness and food company with integrated operations that stretch from the farm field to consumer foods. The Company operates through five segments: Agribusiness, Edible Oil Products, Milling Products, Sugar and Bioenergy, and Fertilizer. Its Agribusiness segment is an integrated, global business involved in the purchase, storage, transport, processing and sale of agricultural commodities and commodity products.

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