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Bunge Global SA has a consensus price target of $123.08 based on the ratings of 15 analysts. The high is $144 issued by BMO Capital on April 28, 2022. The low is $105 issued by HSBC on February 9, 2024. The 3 most-recent analyst ratings were released by Citigroup on August 1, 2024, April 25, 2024, and April 3, 2024, respectively. With an average price target of $117.67 between Citigroup, there's an implied 49.02% upside for Bunge Global SA from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Bunge Global (NYSE:BG) was reported by Citigroup on August 1, 2024. The analyst firm set a price target for $114.00 expecting BG to rise to within 12 months (a possible 44.38% upside). 12 analyst firms have reported ratings in the last year.
The latest analyst rating for Bunge Global (NYSE:BG) was provided by Citigroup, and Bunge Global downgraded their neutral rating.
The last upgrade for Bunge Global SA happened on February 9, 2024 when HSBC raised their price target to $105. HSBC previously had a hold for Bunge Global SA.
The last downgrade for Bunge Global SA happened on August 1, 2024 when Citigroup changed their price target from $125 to $114 for Bunge Global SA.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Bunge Global, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Bunge Global was filed on August 1, 2024 so you should expect the next rating to be made available sometime around August 1, 2025.
While ratings are subjective and will change, the latest Bunge Global (BG) rating was a downgraded with a price target of $125.00 to $114.00. The current price Bunge Global (BG) is trading at is $78.96, which is out of the analyst’s predicted range.
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