Citigroup analyst David Driscoll maintained a Buy rating on Bunge Limited (NYSE: BG) today and set a price target of $92. The company’s shares opened today at $66.26, close to its 52-week low of $63.87.
According to TipRanks.com, Driscoll is a 4-star analyst with an average return of 7.5% and a 65.2% success rate. Driscoll covers the Consumer Goods sector, focusing on stocks such as Campbell Soup, General Mills, and JM Smucker.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bunge Limited with a $86 average price target.
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The company has a one-year high of $83.20 and a one-year low of $63.87. Currently, Bunge Limited has an average volume of 1.4M.
Based on the recent corporate insider activity of 88 insiders, corporate insider sentiment is negative on the stock.
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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.
