Analyst Ratings for Bunge Ltd. (BG)Updated: 2017-07-26
Bunge Ltd. (NYSE:BG) was awarded an average rating of Overweight from investment analysts following the stock. Last month, BG received an average rating of Overweight.
A buy rating was issued by 7 analysts, 1 gave an overweight rating, 5 issued a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has decreased by 1.
Many analysts weighed in on price targets for BG. The most optimistic analyst gave a price target of 90, which equates to a potential upside of 12.51 percent. The most pessimistic analyst gave a price target of 72, implying a possible loss of -9.99 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -81.6 percent. The average change in earnings estimates over the last 90 days is -87.27 percent. Meanwhile, fiscal year estimates have been revised downwards by -19.02 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -28.57 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 3 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 3 analysts decreased their estimates.
Analysts estimate earnings of BG to grow at a rate of 14.55 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. BG has a PEG ratio of 1.5.
BG has traded between a high of 83.75 and a low of 58.19 over the past year. The current market price is above the trailing year's low by 37.47 percent, and 4.48 percent lower than its 52-week high. BG has a P/E ratio of 21.88. Investors typically compare the P/E ratio to a company's peers in the industry. The BG value stock report compares BG to some of its peers using value stock charts. The stock has a market capitalization of $11.31 billion. BG is estimated to release their earnings results for the quarter on 0000-00-00, days from today.