Alert: Negative Investment/Fundamental Signals (8/6/24)-Bunge Ltd (NYSE: BG)

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Bunge Ltd (NYSE: BG) suffers from exceptional negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, and its longer term price trend turned down.

Bunge Ltd (NYSE: BG) suffers from minimal negative changes in fundamentals: significant quarterly sales deceleration occurred.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, BG is expected to continue to be an important Value Builder.

Bunge has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Bunge has a neutral Appreciation Score of 56 and a neutral Power Rating of 49, resulting in the Neutral Value Trend Rating.

Recent Price Action

Bunge Ltd (NYSE: BG) stock declined slightly by -0.1% on 8/6/24. The stock closed at $95.31. This decline was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and has declined -16.1% during the last week.

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