Stock Rating Downgrade
In the last week the Value Trend Rating for Bunge Ltd (NYSE: BG) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 3/18/24, Bunge Ltd (NYSE: BG) stock increased 1.2%, closing at $96.69. This advance was accompanied by normal trading volume. Relative to the market the stock has been weak over the last nine months but has risen 4.9% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, BG is expected to continue to be an important Value Builder.
Bunge has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects contradictory signals from PTR's two proprietary measures of a stock's attractiveness. Bunge has a slightly positive Appreciation Score of 62 but a poor Power Rating of 26, producing the Negative Value Trend Rating.