Bunge Global (NYSE:BG) Stock Price Target Lowered at JPMorgan Chase & Co.

Key Points

• JPMorgan lowered Bunge Global’s price target from $140 to $139 but maintained an “overweight” rating, implying 32.77% upside from the stock’s prior close.
• Analyst sentiment remains positive overall, with eight Buy ratings and three Holds producing a consensus “Moderate Buy” rating and an average target price of $129.89.
• Bunge reported quarterly EPS of $2.00, beating estimates of $1.97, while revenue rose 88.3% year over year to $24.04 billion; management set fiscal 2026 EPS guidance at $9.25–$9.75.

Bunge Global (NYSE:BG - Get Free Report) had its target price cut by equities researchers at JPMorgan Chase & Co. from $140.00 to $139.00 in a research note issued to investors on Monday, Benzinga reports. The firm presently has an "overweight" rating on the basic materials company's stock. JPMorgan Chase & Co.'s price objective suggests a potential upside of 32.77% from the company's previous close.

BG has been the subject of several other reports. BMO Capital Markets reiterated an "outperform" rating and set a $150.00 price target on shares of Bunge Global in a research report on Thursday, August 13th. UBS Group upped their price objective on Bunge Global from $145.00 to $155.00 and gave the stock a "buy" rating in a research report on Thursday, September 10th. Zacks Research cut shares of Bunge Global from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 7th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Bunge Global in a report on Wednesday, August 19th. Eight equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $129.89.

Bunge Global Stock Performance

BG traded up $1.96 during midday trading on Monday, hitting $104.69. 405,493 shares of the company were exchanged, compared to its average volume of 1,699,435. The company's 50 day simple moving average is $113.31 and its 200 day simple moving average is $118.20. The firm has a market capitalization of $20.11 billion, a price-to-earnings ratio of 20.33 and a beta of 0.73. Bunge Global has a 1-year low of $79.11 and a 1-year high of $134.87. The company has a current ratio of 1.57, a quick ratio of 0.64 and a debt-to-equity ratio of 0.54.

Bunge Global (NYSE:BG - Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The basic materials company reported $2.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.97 by $0.03. Bunge Global had a return on equity of 9.15% and a net margin of 1.10%. The business had revenue of $24.04 billion during the quarter, compared to analysts' expectations of $22.81 billion. During the same quarter in the previous year, the firm posted $1.31 EPS. The company's revenue for the quarter was up 88.3% on a year-over-year basis. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. As a group, sell-side analysts predict that Bunge Global will post 9.72 earnings per share for the current year.

Insider Buying and Selling at Bunge Global

In other Bunge Global news, Director Christopher Mahoney bought 5,000 shares of the firm's stock in a transaction dated Friday, July 31st. The shares were purchased at an average price of $105.53 per share, for a total transaction of $527,650.00. Following the transaction, the director directly owned 13,320 shares of the company's stock, valued at approximately $1,405,659.60. This represents a 60.10% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.60% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Bunge Global

A number of institutional investors have recently added to or reduced their stakes in the stock. Moody National Bank Trust Division boosted its holdings in shares of Bunge Global by 12.2% during the 3rd quarter. Moody National Bank Trust Division now owns 2,145 shares of the basic materials company's stock worth $229,000 after purchasing an additional 233 shares during the last quarter. CX Institutional grew its position in shares of Bunge Global by 3.9% in the third quarter. CX Institutional now owns 3,714 shares of the basic materials company's stock valued at $397,000 after purchasing an additional 139 shares in the last quarter. QRG Capital Management Inc. increased its holdings in shares of Bunge Global by 9.9% in the second quarter. QRG Capital Management Inc. now owns 16,089 shares of the basic materials company's stock valued at $1,717,000 after purchasing an additional 1,450 shares during the last quarter. Andra AP fonden acquired a new stake in shares of Bunge Global in the second quarter valued at approximately $1,932,000. Finally, Sequoia Financial Advisors LLC lifted its position in Bunge Global by 9.5% during the second quarter. Sequoia Financial Advisors LLC now owns 6,610 shares of the basic materials company's stock worth $705,000 after buying an additional 572 shares in the last quarter. Institutional investors and hedge funds own 86.23% of the company's stock.

Bunge Global Company Profile

Bunge Global SA NYSE: BG is a global agribusiness and food company that connects farmers with consumers by sourcing, storing, transporting, processing and marketing agricultural commodities. Its operations focus primarily on oilseeds, grains and related agricultural products, serving customers across food, feed, fuel and industrial markets.

The company processes soybeans, rapeseed, sunflower seed and other oilseeds into protein meals used in animal feed, as well as edible oils and specialty fats for food manufacturers, foodservice companies and consumers.

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