Press coverage about Bunge (NYSE:BG) has been trending somewhat positive recently, according to Accern. The research group rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Bunge earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned news coverage about the basic materials company an impact score of 45.7932263564804 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s rankings:
- Bunge Limited Declares Dividends on Common and Preference Shares – The Daily Meal (thedailymeal.com)
- Bunge Limited (BG) stock closes Yesterday with $74.24 – Nasdaq Fortune (press release) (nasdaqfortune.com)
- Bunge (BG) Upgraded to Hold by Zacks Investment Research (americanbankingnews.com)
- Bunge Limited (BG) – Mover to Watch – Nasdaq Fortune (press release) (nasdaqfortune.com)
- Analysts suggested mean rating score of 2.10 for Bunge Limited (BG) – Wall Street Morning (wallstreetmorning.com)
BG stock traded down $0.31 during midday trading on Friday, reaching $73.43. The company had a trading volume of 2,231,443 shares, compared to its average volume of 1,763,819. The firm has a market capitalization of $10,331.60, a P/E ratio of 82.51, a price-to-earnings-growth ratio of 1.57 and a beta of 1.13. Bunge has a 1-year low of $63.87 and a 1-year high of $83.75. The company has a quick ratio of 0.86, a current ratio of 1.67 and a debt-to-equity ratio of 0.62.
The company also recently declared a quarterly dividend, which will be paid on Monday, June 4th. Shareholders of record on Wednesday, March 21st will be given a dividend of $0.46 per share. The ex-dividend date is Friday, May 18th. This represents a $1.84 dividend on an annualized basis and a yield of 2.51%. Bunge’s dividend payout ratio (DPR) is currently 206.74%.
Several research analysts have recently issued reports on BG shares. Vertical Group upgraded 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 target on shares of Bunge and gave the stock a “buy” rating in a report on Monday, January 22nd. Zacks Investment Research upgraded shares of Bunge from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 30th. Stephens upgraded shares of Bunge from an “equal weight” rating to an “overweight” rating in a report on Thursday, February 15th. Finally, Piper Jaffray Companies reiterated a “buy” rating on shares of Bunge in a report on Thursday, February 15th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $85.86.
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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