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Zacks Investment Research downgraded Bunge Ltd (NYSE:BG) to Strong Sell in a report released today.

Just yesterday Bunge Ltd (NYSE:BG) traded -0.41% lower at $76.26. Bunge Ltd’s 50-day moving average is $75.78 and its 200-day moving average is $77.06. The last closing price is down -5.88% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 1,728,982 shares of BG traded hands, up from an average trading volume of 1,000,780

Zacks Investment Research has downgraded Bunge Ltd (NYSE:BG) to Strong Sell in a report released on Tuesday June 20, 2017.

Recent Performance Chart

Bunge Ltd (NYSE:BG)

Bunge Ltd has 52 week low of $58.19 and a 52 week high of $83.75 with a PE ratio of 20.73 and has a market capitalization of $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 11 brokers have reported on the stock. The consensus target price is $70.18 with 2 brokerages rating the stock a strong buy, 6 brokers rating the stock a buy, 3 brokers rating the stock a hold, zero analysts rating the company a underperform, and lastly 0 firms rating the stock a sell.

About Bunge Ltd (NYSE:BG)

Bunge Limited is an agribusiness and food company with integrated operations that stretch from the farm field to consumer foods. The Company operates through five segments: Agribusiness, Edible Oil Products, Milling Products, Sugar and Bioenergy, and Fertilizer. Its Agribusiness segment is an integrated, global business involved in the purchase, storage, transport, processing and sale of agricultural commodities and commodity products. Its edible oil products include packaged and bulk oils, shortenings, margarines, mayonnaise and other products derived from the vegetable oil refining process. Its milling products segment includes the production and sale of a range of wheat flours and bakery mixes. The Company is a producer and exporter of sugar. Through the Company's operations in Argentina, it produces, blends and distributes a range of nitrogen, phosphate and potassium (NPK) fertilizers, including phosphate-based liquid and solid nitrogen fertilizers.

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