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

January 23, 2018 - By Vivian Park

 Bunge Limited (NYSE:BG) has analysts on the Bullish side this week.
Investors sentiment increased to 1.06 in 2017 Q3. Its up 0.26, from 0.8 in 2017Q2. It improved, as 43 investors sold Bunge Limited shares while 113 reduced holdings. 40 funds opened positions while 125 raised stakes. 109.29 million shares or 1.39% less from 110.83 million shares in 2017Q2 were reported.
Victory Cap has invested 0% in Bunge Limited (NYSE:BG). Hutchin Hill Cap Lp invested in 0.32% or 123,300 shares. Integral Derivatives Ltd Liability Com has 0.01% invested in Bunge Limited (NYSE:BG) for 10,321 shares. Baystate Wealth Mngmt Limited Liability Corporation owns 10 shares for 0% of their portfolio. Nationwide Fund Advisors holds 0.01% or 53,468 shares in its portfolio. Old Mutual Customised Solutions (Proprietary) has invested 0.08% in Bunge Limited (NYSE:BG). Principal Financial accumulated 20,827 shares. Wisconsin-based Northwestern Mutual Wealth Management has invested 0% in Bunge Limited (NYSE:BG). Qs owns 66,864 shares. Bnp Paribas Asset Mgmt Hldgs stated it has 0.01% of its portfolio in Bunge Limited (NYSE:BG). Goldman Sachs Grp Incorporated invested in 1.39M shares or 0.02% of the stock. Highbridge Capital Management Lc reported 0.06% stake. Savings Bank Of Nova Scotia reported 250,000 shares. The North Carolina-based National Bank Of America De has invested 0.01% in Bunge Limited (NYSE:BG). Sumitomo Mitsui Asset Mngmt accumulated 10,167 shares.

Bunge Limited (NYSE:BG) Ratings Coverage

Among 10 analysts covering Bunge Limited (NYSE:BG), 3 have Buy rating, 0 Sell and 7 Hold. Therefore 30% are positive. Bunge Limited had 29 analyst reports since July 31, 2015 according to SRatingsIntel. As per Friday, July 14, the company rating was maintained by Piper Jaffray. As per Monday, March 20, the company rating was downgraded by Goldman Sachs. Piper Jaffray maintained the stock with “Buy” rating in Thursday, August 3 report. On Thursday, April 6 the stock rating was downgraded by JP Morgan to “Underweight”. JP Morgan upgraded it to “Overweight” rating and $57 target in Friday, February 12 report. BMO Capital Markets maintained the stock with “Buy” rating in Thursday, July 13 report. On Tuesday, August 2 the stock rating was upgraded by Bank of America to “Buy”. The rating was maintained by Credit Suisse with “Buy” on Friday, May 5. The firm has “Hold” rating by TheStreet given on Monday, August 3. The company was maintained on Thursday, July 20 by Piper Jaffray. Below is a list of Bunge Limited (NYSE:BG) latest ratings and price target changes.

22/01/2018 Broker: Stephens Rating: Hold New Target: $72.0
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

The stock increased 5.87% or $4.55 during the last trading session, reaching $82.11. About 8.43M shares traded or 504.63% up from the average. Bunge Limited (NYSE:BG) has risen 14.04% since January 23, 2017 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 $11.55 billion. It operates through five divisions: Agribusiness, Edible Oil Products, Milling Products, Sugar and Bioenergy, and Fertilizer. It has a 25.2 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 important recent Bunge Limited (NYSE:BG) news were published by: Bloomberg.com which released: “ADM-Bunge Deal Would Create Cargill-Sized Agribusiness Giant” on January 22, 2018, also Twst.com published article titled: “Bunge Ltd.: Bunge Limited Schedules Fourth Quarter 2017 Earnings Release and …”, Wsj.com published: “ADM Has Made Takeover Approach to Bunge Ltd.” on January 19, 2018. More interesting news about Bunge Limited (NYSE:BG) was released by: Chicagobusiness.com and their article: “ADM-Bunge deal would create Cargill-sized agribiz giant” with publication date: January 22, 2018.

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