Bunge Global SA [NYSE: BG] stock went on a downward path that fall over -6.86% on Wednesday, amounting to a one-week price decrease of less than -10.68%.
Over the last 12 months, BG stock dropped by -22.77%. The one-year Bunge Global SA stock forecast points to a potential upside of 30.34. The average equity rating for BG stock is currently 1.91, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $9.76 billion, with 139.63 million shares outstanding and 138.26 million shares in the current float. Compared to the average trading volume of 1.72M shares, BG stock reached a trading volume of 3596663 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Bunge Global SA [BG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BG shares is $100.30 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BG stock is a recommendation set at 1.91. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Barclays have made an estimate for Bunge Global SA shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on January 21, 2025. While these analysts kept the previous recommendation, Citigroup dropped their target price from $125 to $114. The new note on the price target was released on August 01, 2024, representing the official price target for Bunge Global SA stock. Previously, the target price had yet another drop from $122 to $105, while HSBC Securities kept a Buy rating on BG stock.
The Average True Range (ATR) for Bunge Global SA is set at 2.10, with the Price to Sales ratio for BG stock in the period of the last 12 months amounting to 0.18. The Price to Book ratio for the last quarter was 0.96, with the Price to Cash per share for the same quarter was set at 23.71. Price to Free Cash Flow for BG in the course of the last twelve months was 18.20 with Quick ratio for the last quarter at 1.27.
BG Stock Performance Analysis:
Bunge Global SA [BG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.68. With this latest performance, BG shares dropped by -9.59% in over the last four-week period, additionally sinking by -26.77% over the last 6 months – not to mention a drop of -22.77% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BG stock in for the last two-week period is set at 24.39, with the RSI for the last a single of trading hit 18.66, and the three-weeks RSI is set at 28.11 for Bunge Global SA [BG]. The present Moving Average for the last 50 days of trading for this stock 80.96, while it was recorded at 74.77 for the last single week of trading, and 95.47 for the last 200 days.
Insight into Bunge Global SA Fundamentals:
Bunge Global SA’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.27 and a Current Ratio set at 2.15.
BG Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Bunge Global SA go to 2.51%.
Bunge Global SA [BG] Institutonal Ownership Details
There are presently around $88.10%, or 88.95%% of BG stock, in the hands of institutional investors.
