Reports have been rolling in about Bunge Global SA (BG), an agribusiness and food company. Vontobel Holding Ltd. and First Trust Advisors LP amongst others, have reportedly sold a significant number of Bunge shares, whilst Polianta Ltd and Humankind Investments LLC have made new investments into Bunge. Oak Thistle LLC and WINTON GROUP Ltd have also been highlighted as holding valuable positions in Bunge. Both Morgan Stanley and UBS have adjusted their price targets for Bunge, with Stanley upgrading the company.
Furthermore, the company has announced a dividend of $0.70, and scored an average recommendation of 'Buy' amongst brokerages. Earnings, performance and value of BG have all been under scrutiny recently. Promising reports indicate a realignment and trade tailwinds have boosted the company's performance, but California Public Employees Retirement System, Korea Investment CORP, among others, have reduced their stakes. Nevertheless, Bunge's quarterly earnings are beating estimates, leading to a positive reassessment from various analysts. Notably, the merger of Bunge with Viterra has been granted conditional approval by China.
Bunge Global Sa BG News Analytics from Tue, 28 Jan 2025 08:00:00 GMT to Sat, 27 Dec 2025 13:46:58 GMT - Rating 7 - Innovation -2 - Information 6 - Rumor -6
