Bunge Limited (NYSE:BG) has analysts on the Bullish side this week.

December 7, 2017 - By Maria Brooks

 Bunge Limited (NYSE:BG) has analysts on the Bullish side this week.
Investors sentiment decreased to 0.8 in 2017 Q2. Its down 0.44, from 1.24 in 2017Q1. It dropped, as 69 investors sold Bunge Limited shares while 136 reduced holdings. 61 funds opened positions while 104 raised stakes. 110.83 million shares or 0.16% less from 111.01 million shares in 2017Q1 were reported.
Bnp Paribas Arbitrage Sa invested in 61,265 shares. Taconic Advsrs Lp invested in 50,000 shares or 1.09% of the stock. Bruce And Communication Inc holds 0.85% in Bunge Limited (NYSE:BG) or 50,000 shares. State Common Retirement Fund owns 427,655 shares for 0.04% of their portfolio. Eventide Asset Mngmt Ltd Liability Corp reported 0.06% stake. Boothbay Fund Mngmt Limited Co reported 0.05% of its portfolio in Bunge Limited (NYSE:BG). Whittier Tru Com reported 280 shares or 0% of all its holdings. Robecosam Ag accumulated 27,591 shares. Trexquant Inv L P owns 15,400 shares. Senator Group Limited Partnership, a New York-based fund reported 500,000 shares. Polaris Greystone Fincl Grp Ltd Limited Liability Company reported 20,253 shares. California State Teachers Retirement holds 0.04% or 264,098 shares in its portfolio. Nelson Van Denburg Campbell Wealth Management Grp Limited Liability Corporation holds 10 shares or 0% of its portfolio. Advsrs Asset Management invested 0.04% in Bunge Limited (NYSE:BG). Neville Rodie And Shaw invested in 0.31% or 36,935 shares.

Bunge Limited (NYSE:BG) Ratings Coverage

Among 9 analysts covering Bunge Limited (NYSE:BG), 3 have Buy rating, 0 Sell and 6 Hold. Therefore 33% are positive. Bunge Limited had 28 analyst reports since July 31, 2015 according to SRatingsIntel. The stock of Bunge Limited (NYSE:BG) earned “Outperform” rating by BMO Capital Markets on Tuesday, September 29. The stock has “Buy” rating by BMO Capital Markets on Thursday, July 13. Credit Suisse upgraded the shares of BG in report on Tuesday, September 29 to “Outperform” rating. On Wednesday, September 27 the stock rating was maintained by BMO Capital Markets with “Buy”. Piper Jaffray maintained Bunge Limited (NYSE:BG) rating on Monday, September 4. Piper Jaffray has “Buy” rating and $86.0 target. BMO Capital Markets maintained the shares of BG in report on Wednesday, August 23 with “Buy” rating. On Monday, September 11 the stock rating was initiated by Robert W. Baird with “Hold”. The firm has “Overweight” rating given on Friday, February 12 by JP Morgan. The firm has “Buy” rating given on Friday, October 6 by Piper Jaffray. The stock has “Buy” rating by Credit Suisse on Friday, May 5. Below is a list of Bunge Limited (NYSE:BG) latest ratings and price target changes.

13/10/2017 Broker: Robert W. Baird Rating: Hold New Target: $77.0 Maintain
06/10/2017 Broker: Piper Jaffray Rating: Buy New Target: $86.0 Maintain
27/09/2017 Broker: BMO Capital Markets Rating: Buy New Target: $87.0 Maintain
28/09/2017 Broker: Citigroup Old Rating: Buy New Rating: Neutral Old Target: $88 Downgrade
11/09/2017 Broker: Robert W. Baird Rating: Hold New Target: $77.0 Initiate
04/09/2017 Broker: Piper Jaffray Rating: Buy New Target: $86.0 Maintain
23/08/2017 Broker: BMO Capital Markets Rating: Buy New Target: $87.0 Maintain
03/08/2017 Broker: Piper Jaffray Rating: Buy New Target: $86.0000 Maintain
20/07/2017 Broker: Piper Jaffray Rating: Buy New Target: $84.0000 Maintain
13/07/2017 Broker: BMO Capital Markets Rating: Buy New Target: $87.0000 Maintain

The stock increased 1.29% or $0.88 during the last trading session, reaching $69.21. About 2.63 million shares traded or 122.08% up from the average. Bunge Limited (NYSE:BG) has risen 14.04% since December 7, 2016 and is uptrending. It has underperformed by 2.66% the S&P500.

Bunge Limited, together with its subsidiaries, operates as an agribusiness and food firm worldwide. The company has market cap of $9.73 billion. It operates through five divisions: Agribusiness, Edible Oil Products, Milling Products, Sugar and Bioenergy, and Fertilizer. It has a 21.24 P/E ratio. The Agribusiness segment is involved in the purchase, storage, transport, processing, and sale of agricultural commodities and commodity products, including oilseeds and grains comprising soybeans, rapeseed, canola, sunflower seeds, wheat, and corn to animal feed manufacturers, livestock producers, wheat and corn millers, and other oilseed processors, as well as third-party edible oil processing companies, and biodiesel industries.

More notable recent Bunge Limited (NYSE:BG) news were published by: Bizjournals.com which released: “Bunge cancels deal for controlling stake in Mexico’s Grupo Minsa” on November 18, 2017, also Reuters.com with their article: “Bunge widens executive takeover payout scheme after Glencore approach” published on November 22, 2017, Reuters.com published: “Bunge scraps deal for controlling stake in Grupo Minsa” on November 17, 2017. More interesting news about Bunge Limited (NYSE:BG) were released by: Nasdaq.com and their article: “Bunge reorganizes management team in cost-cutting drive” published on November 15, 2017 as well as Reuters.com‘s news article titled: “Bunge restructures operations into regions from business units” with publication date: November 15, 2017.

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