Barclays Sticks to Their Buy Rating for Bunge Global (BG)
Barclays analyst Benjamin Theurer maintained a Buy rating on Bunge Global today and set a price target of $135.00.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
According to TipRanks, Theurer is a 4-star analyst with an average return of 5.0% and a 54.17% success rate. Theurer covers the Consumer Defensive sector, focusing on stocks such as Archer Daniels Midland, Bunge Global, and Coca Cola Femsa SAB De CV.
Bunge Global has an analyst consensus of Strong Buy, with a price target consensus of $131.29.
Based on Bunge Global’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $23.76 billion and a net profit of $95 million. In comparison, last year the company earned a revenue of $13.54 billion and had a net profit of $602 million
Based on the recent corporate insider activity of 114 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BG in relation to earlier this year. Last month, Julio Garros, the COO of BG sold 2,831.00 shares for a total of $336,889.00.
Read More on BG:
