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Barchart
Barchart
Sohini Mondal

Are Wall Street Analysts Predicting Bunge Global Stock Will Climb or Sink?

With a market cap of $18.2 billion, Bunge Global SA (BG) is a worldwide agribusiness and food company operating across four major segments: Agribusiness, Refined and Specialty Oils, Milling, and Sugar and Bioenergy. The company processes and supplies a wide range of agricultural commodities, food ingredients, and bioenergy products.

Shares of the Chesterfield, Missouri-based company have underperformed the broader market over the past 52 weeks. BG stock has risen 3.7% over this time frame, while the broader S&P 500 Index ($SPX) has gained 13.7%. However, shares of the company have increased 20.9% on a YTD basis, outpacing SPX’s 13.4% rise.

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