How Analysts Feel About Bunge Limited (NYSE:BG)?

December 7, 2017 - By wolcottdaily

 How Analysts Feel About Bunge Limited (NYSE:BG)?
Investors sentiment decreased to 0.8 in 2017 Q2. Its down 0.44, from 1.24 in 2017Q1. It fall, 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.
First Corporation In has 0.02% invested in Bunge Limited (NYSE:BG). Sii Inc Wi invested 0.16% of its portfolio in Bunge Limited (NYSE:BG). Bank & Trust Of America De accumulated 0.01% or 647,406 shares. Sanctuary Wealth Advisors reported 0.01% stake. Wealth Enhancement Advisory Ltd Limited Liability Company invested in 0.09% or 12,043 shares. Martingale Asset Limited Partnership reported 0.47% of its portfolio in Bunge Limited (NYSE:BG). Bank Of Nova Scotia accumulated 14,174 shares. Rhumbline Advisers accumulated 160,088 shares or 0.03% of the stock. Canada Pension Plan Inv Board has invested 0.08% in Bunge Limited (NYSE:BG). Moreover, Morgan Stanley has 0.01% invested in Bunge Limited (NYSE:BG) for 386,826 shares. Tiaa Cref Invest Mngmt Ltd Liability Corp stated it has 0.06% of its portfolio in Bunge Limited (NYSE:BG). Bryn Mawr Communications owns 33,035 shares for 0.15% of their portfolio. Robeco Institutional Asset Mngmt Bv has invested 0.05% in Bunge Limited (NYSE:BG). Axa has invested 0.03% of its portfolio in Bunge Limited (NYSE:BG). Whittier Tru invested in 0% or 280 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. As per Tuesday, September 29, the company rating was upgraded by BMO Capital Markets. The company was maintained on Friday, October 13 by Robert W. Baird. The firm has “Buy” rating by Piper Jaffray given on Friday, October 6. The stock of Bunge Limited (NYSE:BG) earned “Buy” rating by Credit Suisse on Friday, May 5. The rating was maintained by Piper Jaffray on Friday, July 14 with “Buy”. On Friday, May 5 the stock rating was upgraded by JP Morgan to “Neutral”. The firm has “Buy” rating by Piper Jaffray given on Thursday, July 20. The firm earned “Neutral” rating on Monday, March 20 by Goldman Sachs. BMO Capital Markets maintained Bunge Limited (NYSE:BG) rating on Thursday, July 13. BMO Capital Markets has “Buy” rating and $8700 target. The firm has “Overweight” rating by JP Morgan given on Friday, February 12. 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 2.63M 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: Reuters.com which released: “Bunge widens executive takeover payout scheme after Glencore approach” on November 22, 2017, also Nasdaq.com with their article: “Bunge Limited (BG) Ex-Dividend Date Scheduled for November 17, 2017” published on November 16, 2017, Nasdaq.com published: “Bunge reorganizes management team in cost-cutting drive” on November 15, 2017. More interesting news about Bunge Limited (NYSE:BG) were released by: Reuters.com and their article: “Bunge restructures operations into regions from business units” published on November 15, 2017 as well as Reuters.com‘s news article titled: “Bunge scraps deal for controlling stake in Grupo Minsa” with publication date: November 17, 2017.

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