Analyst Price Target is $92.80
▲ +7.32% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Bunge in the last 3 months. The average price target is $92.80, with a high forecast of $100.00 and a low forecast of $88.00. The average price target represents a 7.32% upside from the last price of $86.47.
Current Consensus is
The current consensus among 5 contributing investment analysts is to buy stock in Bunge. This rating has held steady since July 2021, when it changed from a Hold consensus rating.
Bunge Ltd. operates as a holding company, which engages in the supply and transportation of agricultural commodities. It operates through the following segments: Agribusiness, Edible Oil Products, Milling Products, Sugar and Bioenergy, and Fertilizer. The Agribusiness segment involves in the purchase, storage, transportation, processing, and sale of agricultural commodities and commodity products. The Edible Oil Products segment includes production and sale of vegetable oils, shortenings, margarines, and mayonnaise. The Milling Products segment consists of production and sale of wheat flours, bakery mixes, corn-based products, and rice. The Sugar and Bioenergy segment comprises manufacture and marketing of sugar and ethanol derived from sugarcane, as well as energy derived from the sugar and ethanol production process. The Fertilizer segment focuses on producing, blending, and distributing fertilizer products for the agricultural industry. The company was founded by Johann Peter Gottlieb Bunge in 1818 and is headquartered in Chesterfield, MO.