Bunge Global (NYSE:BG) Stock Price Expected to Rise, Barclays Analyst Says

Bunge Global (NYSE:BG) had its price objective hoisted by analysts at Barclays from $135.00 to $145.00 in a research report issued on Wednesday,MarketScreener reports. The firm currently has an “overweight” rating on the basic materials company’s stock. Barclays‘s target price points to a potential upside of 13.78% from the company’s current price.

Several other analysts have also weighed in on BG. UBS Group reissued a “buy” rating on shares of Bunge Global in a report on Wednesday, March 11th. Citigroup restated a “buy” rating on shares of Bunge Global in a research report on Tuesday, December 2nd. Stephens reiterated an “overweight” rating and issued a $130.00 price target on shares of Bunge Global in a research report on Thursday, February 5th. HSBC lifted 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. Finally, Bank of America raised their price target on Bunge Global from $112.00 to $119.00 and gave the stock a “buy” rating in a research report on Thursday, January 8th. Eight investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $126.60.

Bunge Global Price Performance

Shares of NYSE BG traded up $0.24 during midday trading on Wednesday, hitting $127.44. The company had a trading volume of 388,465 shares, compared to its average volume of 1,835,191. The firm has a market capitalization of $24.66 billion, a price-to-earnings ratio of 23.52, a price-to-earnings-growth ratio of 0.79 and a beta of 0.75. Bunge Global has a twelve month low of $68.33 and a twelve month high of $131.50. The business has a 50-day simple moving average of $119.93 and a two-hundred day simple moving average of $101.74. The company has a quick ratio of 0.74, a current ratio of 1.61 and a debt-to-equity ratio of 0.51.

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

Institutional Investors Weigh In On Bunge Global

A number of institutional investors have recently added to or reduced their stakes in BG. Foster Dykema Cabot & Partners LLC purchased a new stake in shares of Bunge Global during the third quarter valued at approximately $25,000. CoreCap Advisors LLC lifted its holdings 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 buying an additional 300 shares in the last quarter. Quest 10 Wealth Builders Inc. acquired a new stake in shares of Bunge Global during the fourth quarter valued at about $27,000. Root Financial Partners LLC acquired a new stake in shares of Bunge Global during the third quarter valued at about $28,000. Finally, CYBER HORNET ETFs LLC purchased a new stake in shares of Bunge Global during the second quarter worth about $31,000. Hedge funds and other institutional investors own 86.23% of the company’s stock.

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.