Bunge Global SA (NYSE:BG) Receives $132.67 Consensus Price Target from Analysts

Bunge Global SA (NYSE:BG) has earned an average recommendation of “Moderate Buy” from the eleven research firms that are covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $132.6667.

A number of brokerages recently issued reports on BG. Zacks Research raised shares of Bunge Global from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 28th. Weiss Ratings restated a “hold (c)” rating on shares of Bunge Global in a research report on Wednesday, August 19th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a $150.00 price objective on shares of Bunge Global in a research report on Thursday, August 13th.

Insider Transactions at Bunge Global

In other news, Director Christopher Mahoney purchased 5,000 shares of the business’s stock in a transaction on Friday, July 31st. The stock was purchased at an average price of $105.53 per share, with a total value of $527,650.00. Following the acquisition, the director directly owned 13,320 shares in the company, valued at approximately $1,405,659.60. The trade was a 60.10% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 0.60% of the stock is owned by corporate insiders.

Institutional Trading of Bunge Global

A number of institutional investors and hedge funds have recently modified their holdings of BG. California State Teachers Retirement System lifted its holdings in shares of Bunge Global by 11,553.9% during the 2nd quarter. California State Teachers Retirement System now owns 18,316,682 shares of the basic materials company’s stock worth $1,954,939,000 after acquiring an additional 18,159,510 shares during the period. Bank of New York Mellon Corp acquired a new position in Bunge Global in the second quarter worth about $266,653,000. Norges Bank bought a new position in Bunge Global during the fourth quarter worth about $152,610,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Bunge Global by 168,119.9% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,165,764 shares of the basic materials company’s stock worth $103,846,000 after purchasing an additional 1,165,071 shares during the period. Finally, Merewether Investment Management LP acquired a new stake in Bunge Global during the third quarter valued at approximately $74,888,000. 86.23% of the stock is currently owned by institutional investors.

Bunge Global Stock Performance

BG opened at $118.97 on Monday. The firm has a market capitalization of $22.86 billion, a P/E ratio of 23.10 and a beta of 0.67. The stock’s 50 day moving average price is $113.60 and its two-hundred day moving average price is $119.55. The company has a quick ratio of 0.64, a current ratio of 1.57 and a debt-to-equity ratio of 0.54. Bunge Global has a 12-month low of $76.01 and a 12-month high of $134.87.

Bunge Global (NYSE:BG) last issued its quarterly earnings results on Wednesday, July 29th. The basic materials company reported $2.00 EPS for the quarter, topping analysts’ consensus estimates of $1.97 by $0.03. Bunge Global had a return on equity of 9.15% and a net margin of 1.10%.The company had revenue of $24.04 billion during the quarter, compared to analyst estimates of $22.81 billion. During the same period in the previous year, the company earned $1.31 earnings per share. The company’s quarterly revenue was up 88.3% compared to the same quarter last year. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. On average, equities analysts forecast that Bunge Global will post 9.72 earnings per share 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.