In a report released today, David Driscoll from Citigroup maintained a Buy rating on Bunge Limited (BG), with a price target of $80. The company’s shares opened today at $61.43.
According to TipRanks.com, Driscoll is a 4-star analyst with an average return of 5.5% and a 54.0% success rate. Driscoll covers the Consumer Goods sector, focusing on stocks such as Archer Daniels Midland, Conagra Brands Inc, and TreeHouse Foods.
Currently, the analyst consensus on Bunge Limited is a Moderate Buy with an average price target of $78.67.
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The company has a one-year high of $83.20 and a one-year low of $56.14. Currently, Bunge Limited has an average volume of 1.56M.
Based on the recent corporate insider activity of 102 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of BG in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Bunge Ltd. is 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.
