Bunge Limited (BG) : During the past 4 weeks, traders have been relatively bearish on Bunge Limited (BG), hence the stock is down -3.07% 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 -2.41% relative to the S&P 500. The 4-week change in the price of the stock is -5.03% and the stock has fallen -1.89% in the past 1 week.
The stock has recorded a 20-day Moving Average of 3.48% and the 50-Day Moving Average is 3.11%.The 200 Day SMA reached 1.09% Bunge Limited has dropped 0.69% during the last 3-month period . Year-to-Date the stock performance stands at -9.16%.
Bunge Limited (BG) : Currently there are 5 street experts covering Bunge Limited (BG) stock. The most bullish and bearish price target for the stock is $86 and $56 respectively for the short term. The average price target of all the analysts comes to $70.3. The estimated standard deviation from the target is $11.12.
For the current week, the company shares have a recommendation consensus of Buy. Bunge Limited (NYSE:BG): The stock opened at $60.06 and touched an intraday high of $60.75 on Friday. During the day, the stock corrected to an intraday low of $60.01, however, the bulls stepped in and pushed the price higher to close in the green at $60.75 with a gain of 0.60% for the day. The total traded volume for the day was 1,655,203. The stock had closed at $60.75 in the previous trading session.
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.