Barclays Maintains Overweight Rating for Bunge Global: Here's What You Need To Know

Barclays has decided to maintain its Overweight rating of Bunge Global BG and lower its price target from $125.00 to $115.00.

Shares of Bunge Global are trading up 2.21% over the last 24 hours, at $90.72 per share.

A move to $115.00 would account for a 26.76% increase from the current share price.

About Bunge Global

Bunge Global SA formerly Bunge Ltd is a global agribusiness and food company with operations along the farm-to-consumer food chain. The company segments include Agribusiness; Refined and Specialty Oils; Milling; Sugar and Bioenergy and Corporate and Other. It generates maximum revenue from the Agribusiness segment. The company is a leading oilseed processor and seller of packaged vegetable oils and other food and ingredients products.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.