Bunge Limited (NYSE:BG) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 2.33 by 6 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 4 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Credit Suisse maintains their rating on the shares of Bunge Limited (NYSE:BG). The current rating of the shares is Outperform. Equity Analysts at the Firm raises the price target to $78 per share from $66 per share. The rating by the firm was issued on May 2, 2016.
Bunge Limited (NYSE:BG): The stock price is expected to reach $ 65.83 in the short term. The number of analysts agreeing with this consensus is 6. The higher estimate for the short term price target is at $86 while the lower estimate is at $56. The standard deviation of the price stands at $11.46.
Bunge Limited (NYSE:BG) witnessed a decline in the market cap on Tuesday as its shares dropped 0.28% or 0.17 points. After the session commenced at $61.99, the stock reached the higher end at $61.99 while it hit a low of $61.07. With the volume soaring to 955,659 shares, the last trade was called at $61.56. The company has a 52-week high of $93.03. The company has a market cap of $8,580 million and there are 139,378,060 shares in outstanding. The 52-week low of the share price is $46.08.
Bunge Limited has lost 0.98% in the last five trading days and dropped 1.88% in the last 4 weeks. Bunge Limited is up 12.45% in the last 3-month period. Year-to-Date the stock performance stands at -8.55%.
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: The Agribusiness segment is involved in the purchase, storage, transport, processing and sale of agricultural commodities and commodity products. Edible oil products and milling products segments include businesses that produce and sell edible oil based products, including oils, shortenings, margarines and mayonnaise and milled grain products such as wheat flours, corn-based products and rice. The sugar and bioenergy segment produces and sells sugar and ethanol derived from sugarcane, as well as energy derived from their production process, through its operations in Brazil. The fertilizer segment is involved in producing, blending and distributing fertilizer products for the agricultural industry in South America, with assets and operations primarily in Argentina and port facilities in Brazil and Argentina.