Analysts Set Bunge Global SA (NYSE:BG) Price Target at $132.67

Bunge Global SA (NYSE:BG) has been assigned an average recommendation of “Moderate Buy” from the eleven ratings firms that are presently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $132.6667.

BG has been the topic of several research analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Bunge Global in a research note on Friday, May 22nd. Barclays upped their price objective on shares of Bunge Global from $145.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Finally, Zacks Research upgraded Bunge Global from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 28th.

Insider Transactions at Bunge Global

In other news, Director Christopher Mahoney purchased 5,000 shares of the company’s stock in a transaction that occurred on Friday, July 31st. The shares were purchased at an average price of $105.53 per share, for a total transaction of $527,650.00. Following the purchase, the director directly owned 13,320 shares of the company’s stock, valued at $1,405,659.60. This represents a 60.10% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.60% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Bunge Global

A number of hedge funds have recently modified their holdings of BG. Quest 10 Wealth Builders Inc. purchased a new stake in Bunge Global in the 4th quarter valued at $27,000. Global Trust Asset Management LLC purchased a new position in Bunge Global during the 1st quarter worth $47,000. CYBER HORNET ETFs LLC purchased a new position in Bunge Global during the 2nd quarter worth $31,000. MUFG Securities EMEA plc acquired a new position in Bunge Global in the second quarter valued at $32,000. Finally, Bank Julius Baer & Co. Ltd Zurich acquired a new position in Bunge Global in the fourth quarter valued at $35,000. 86.23% of the stock is currently owned by hedge funds and other institutional investors.

Bunge Global Trading Up 4.0%

BG opened at $112.72 on Thursday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.64 and a current ratio of 1.57. Bunge Global has a one year low of $76.01 and a one year high of $134.87. The company has a market cap of $21.66 billion, a P/E ratio of 21.89 and a beta of 0.65. The business’s 50-day simple moving average is $115.62 and its 200-day simple moving average is $119.77.

Bunge Global (NYSE:BG) last announced its quarterly earnings results on Wednesday, July 29th. The basic materials company reported $2.00 EPS for the quarter, beating the consensus estimate of $1.97 by $0.03. The company had revenue of $24.04 billion for the quarter, compared to analyst estimates of $22.81 billion. Bunge Global had a net margin of 1.10% and a return on equity of 9.15%. The firm’s revenue was up 88.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.31 earnings per share. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. As a group, equities research analysts expect that Bunge Global will post 9.72 EPS for the current fiscal year.

Bunge Global Company Profile

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.