Bunge Global SA (NYSE:BG) Stock Has Average Price Target of $129.89 According to Analysts

Shares of Bunge Global SA (NYSE:BG) have received a consensus recommendation of “Moderate Buy” from the eleven ratings firms that are currently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1-year target price among analysts that have covered the stock in the last year is $129.89.

A number of research analysts have recently weighed in on BG shares. JPMorgan Chase & Co. dropped their price target on Bunge Global from $140.00 to $139.00 and set an “overweight” rating for the company in a research report on Monday, October 12th. Zacks Research lowered shares of Bunge Global from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 7th. Weiss Ratings reiterated a “hold (c)” rating on shares of Bunge Global in a research report on Wednesday, August 19th. BMO Capital Markets reissued an “outperform” rating and issued a $150.00 price objective on shares of Bunge Global in a research note on Thursday, August 13th. Finally, UBS Group increased their price objective on shares of Bunge Global from $145.00 to $155.00 and gave the company a “buy” rating in a research note on Thursday, September 10th.

Insider Activity

In other Bunge Global news, Director Christopher Mahoney purchased 1,500 shares of Bunge Global stock in a transaction on Tuesday, August 4th. The shares were bought at an average price of $107.60 per share, with a total value of $161,400.00. Following the completion of the acquisition, the director directly owned 14,820 shares of the company’s stock, valued at approximately $1,594,632. This trade represents a 11.26% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.60% of the stock is owned by company insiders.

Institutional Trading of Bunge Global

Several large investors have recently modified their holdings of the business. Clark Wealth Partners raised its holdings in shares of Bunge Global by 3,657.1% in the third quarter. Clark Wealth Partners now owns 263 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 256 shares during the last quarter. Global Trust Asset Management LLC purchased a new stake in shares of Bunge Global in the first quarter valued at $47,000. Root Financial Partners LLC increased its holdings in Bunge Global by 23.5% in the 1st quarter. Root Financial Partners LLC now owns 446 shares of the basic materials company’s stock valued at $57,000 after purchasing an additional 85 shares in the last quarter. Ameritas Advisory Services LLC purchased a new stake in shares of Bunge Global during the second quarter valued at approximately $50,000. Finally, Hilltop National Bank acquired a new stake in shares of Bunge Global during the second quarter worth approximately $63,000. 86.23% of the stock is currently owned by institutional investors and hedge funds.

Bunge Global Stock Performance

NYSE BG opened at $102.93 on Tuesday. The business has a 50 day moving average price of $113.07 and a 200 day moving average price of $117.35. The company has a market capitalization of $19.78 billion, a P/E ratio of 19.99 and a beta of 0.73. Bunge Global has a 1-year low of $88.24 and a 1-year high of $134.87. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.57 and a quick ratio of 0.64.

Bunge Global (NYSE:BG) last posted its 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. The company had revenue of $24.04 billion for the quarter, compared to the consensus estimate of $22.81 billion. Bunge Global had a return on equity of 9.15% and a net margin of 1.10%. Bunge Global’s quarterly revenue was up 88.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.31 earnings per share. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. Sell-side analysts expect that Bunge Global will post 9.61 EPS for the current fiscal year.

About Bunge Global

Bunge Global SA (NYSE: BG) is a global agribusiness and food company involved in sourcing, processing and distributing agricultural commodities. Its operations span the agricultural supply chain, connecting farmers with food, feed and fuel customers through a network of origination, storage, transportation and processing facilities.

The company processes oilseeds such as soybeans, canola and sunflower seeds into vegetable oils and protein meals used in cooking, packaged foods, animal feed and renewable fuels.