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

December 7, 2017 - By Ellis Scott

 How Analysts Feel About Bunge Limited (NYSE:BG)?
Investors sentiment decreased to 0.8 in Q2 2017. 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.
Us Natl Bank De invested in 0.01% or 31,004 shares. Caisse De Depot Et Placement Du Quebec holds 0.04% or 207,100 shares in its portfolio. Fiduciary Company reported 14,564 shares stake. Bluefin Trading Ltd holds 0.03% or 3,750 shares in its portfolio. 155 are owned by First Personal Service. Nelson Van Denburg Campbell Wealth Mgmt Grp Inc Ltd Liability Company holds 0% of its portfolio in Bunge Limited (NYSE:BG) for 10 shares. Indexiq Ltd Limited Liability Company, a New York-based fund reported 3,242 shares. Wells Fargo Mn reported 0.02% in Bunge Limited (NYSE:BG). Neuberger Berman Group Incorporated Ltd Company has invested 0% in Bunge Limited (NYSE:BG). Pggm Invests holds 210,982 shares. Convergence Investment Prns Limited Liability owns 49,779 shares. Cubist Systematic Strategies Ltd Llc reported 1,600 shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 121,518 shares. Millennium Lc stated it has 631,052 shares or 0.08% of all its holdings. Putnam Ltd Llc holds 0.03% or 159,430 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. On Thursday, April 6 the stock rating was downgraded by JP Morgan to “Underweight”. JP Morgan upgraded the stock to “Neutral” rating in Friday, May 5 report. As per Monday, June 12, the company rating was maintained by BMO Capital Markets. The rating was maintained by Robert W. Baird with “Hold” on Friday, October 13. Citigroup maintained the stock with “Buy” rating in Friday, April 29 report. Piper Jaffray maintained Bunge Limited (NYSE:BG) on Thursday, August 3 with “Buy” rating. TheStreet downgraded Bunge Limited (NYSE:BG) on Monday, August 3 to “Hold” rating. The rating was downgraded by Citigroup to “Neutral” on Thursday, September 28. The rating was downgraded by Goldman Sachs on Monday, March 20 to “Neutral”. The rating was maintained by BMO Capital Markets with “Buy” on Wednesday, September 27. 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 reorganizes management team in cost-cutting drive” published on November 15, 2017, Nasdaq.com published: “Bunge Limited (BG) Ex-Dividend Date Scheduled for November 17, 2017” on November 16, 2017. More interesting news about Bunge Limited (NYSE:BG) were released by: Bizjournals.com and their article: “Bunge cancels deal for controlling stake in Mexico’s Grupo Minsa” published on November 18, 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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