Bunge GlobalBG
Market Cap: 16.2B
About: Bunge Global SA formerly Bunge Ltd is an agribusiness and food company with operations along the farm-to-consumer food chain. The company segments include Agribusiness; Refined and Specialty Oils; Milling; Sugar and Bioenergy and Corporate and Other. It generates maximum revenue from the Agribusiness segment. The company is an oilseed processor and producer of vegetable oils and protein meals, based on processing capacity, a grain processor, the seller of packaged plant-based oils, producer and seller of wheat flour, bakery mixes, and corn-based products in North and South America.
Employees: 23,000
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
187% more call options, than puts
Call options by funds: $290M | Put options by funds: $101M
11% more funds holding in top 10
Funds holding in top 10: 9 [Q4 2023] → 10 (+1) [Q1 2024]
1.69% more ownership
Funds ownership: 84.88% [Q4 2023] → 86.57% (+1.69%) [Q1 2024]
0% less capital invested
Capital invested by funds: $12.4B [Q4 2023] → $12.4B (-$22.7M) [Q1 2024]
1% less repeat investments, than reductions
Existing positions increased: 204 | Existing positions reduced: 206
2% less funds holding
Funds holding: 583 [Q4 2023] → 570 (-13) [Q1 2024]
12% less first-time investments, than exits
New positions opened: 93 | Existing positions closed: 106
Research analyst outlook
7 Wall Street Analysts provided 1 year price forecasts over the past 6 months
7 analyst ratings
Citigroup Thomas Palmer | 7%upside $122 | Buy Maintained | 25 Apr 2024 |
Citigroup Thomas Palmer | 2%upside $117 | Buy Maintained | 3 Apr 2024 |
Goldman Sachs Adam Samuelson | 10%upside $126 | Buy Maintained | 13 Feb 2024 |
HSBC Wesley Brooks | 8%downside $105 | Buy Upgraded | 9 Feb 2024 |
BMO Capital Andrew Strelzik | 5%upside $120 | Outperform Maintained | 8 Feb 2024 |
Financial journalist opinion
Based on 11 articles about BG published over the past 30 days