Bunge Limited (BG) : During the past 4 weeks, traders have been relatively bearish on Bunge Limited (BG), hence the stock is down -4.92% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.7% relative to the S&P 500. The 4-week change in the price of the stock is -5.12% and the stock has fallen -2.34% in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 3.07% and the fifty day Moving Average is 1.1%. Bunge Limited has dropped 4.42% during the last three month period . Year-to-Date the stock performance stands at -6.59%.
Bunge Limited (BG) : 5 Wall Street analysts covering Bunge Limited (BG) believe that the average level the stock could reach for the short term is $70.3. The maximum price target given is $86 and the minimum target for short term is around $56, hence the standard deviation is calculated at $11.12.
Bunge Limited (NYSE:BG): On Fridays trading session , Opening price of the stock was $63.12 with an intraday high of $63.12. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $62.01. However, the stock managed to close at $62.47, a loss of 0.73% for the day. On the previous day, the stock had closed at $62.93. The total traded volume of the day was 991,452 shares.
Bunge Limited is an agribusiness and food company with integrated operations that stretch from the farm field to consumer foods. The Company operates through five segments: The Agribusiness segment is involved in the purchase, storage, transport, processing and sale of agricultural commodities and commodity products. Edible oil products and milling products segments include businesses that produce and sell edible oil based products, including oils, shortenings, margarines and mayonnaise and milled grain products such as wheat flours, corn-based products and rice. The sugar and bioenergy segment produces and sells sugar and ethanol derived from sugarcane, as well as energy derived from their production process, through its operations in Brazil. The fertilizer segment is involved in producing, blending and distributing fertilizer products for the agricultural industry in South America, with assets and operations primarily in Argentina and port facilities in Brazil and Argentina.