Bunge Limited (BG)
NYSE: BG · IEX Real-Time Price · USD
110.38
+3.06 (2.85%)
At close: Jul 2, 2024, 4:00 PM
110.56
+0.18 (0.16%)
After-hours: Jul 2, 2024, 7:50 PM EDT
Bunge Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Bunge stock have an average target of 121, with a low estimate of 105 and a high estimate of 141. The average target predicts an increase of 9.62% from the current stock price of 110.38.
Analyst Consensus: Strong Buy
* Price targets were last updated on Apr 25, 2024.
Analyst Ratings
The average analyst rating for Bunge stock from 10 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 5 | 5 | 5 | 5 | 5 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 4 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 10 | 10 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $117 → $122 | Strong Buy | Maintains | $117 → $122 | +10.53% | Apr 25, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $108 → $117 | Strong Buy | Maintains | $108 → $117 | +6.00% | Apr 3, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $141 → $126 | Strong Buy | Maintains | $141 → $126 | +14.15% | Feb 13, 2024 |
| HSBC | HSBC | Hold → Strong Buy Upgrades $122 → $105 | Hold → Strong Buy | Upgrades | $122 → $105 | -4.87% | Feb 9, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $130 → $120 | Buy | Maintains | $130 → $120 | +8.72% | Feb 8, 2024 |
Financial Forecast
Revenue This Year
57.47B
from 59.54B
Decreased by -3.48%
Revenue Next Year
61.75B
from 57.47B
Increased by 7.45%
EPS This Year
9.81
from 14.87
Decreased by -34.01%
EPS Next Year
12.08
from 9.81
Increased by 23.12%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 69.7B | 80.1B | 69.7B |
| Avg | 61.7B | 64.9B | 61.8B |
| Low | 54.3B | 52.5B | 52.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 17.1% | 29.7% | 7.4% |
| Avg | 3.7% | 5.2% | -4.8% |
| Low | -8.8% | -14.9% | -19.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 14.08 | 14.37 | 11.94 |
| Avg | 12.08 | 12.12 | 10.73 |
| Low | 10.44 | 9.80 | 9.41 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -5.3% | 19.0% | -1.5% |
| Avg | -18.8% | 0.3% | -11.4% |
| Low | -29.8% | -18.9% | -22.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.