Shares of Bunge Limited (NYSE:BG) traded at a new 52-week high today of $86.41. Approximately 315,000 shares have changed hands today, as compared to an average 30-day volume of 1 million shares.
Bunge Limited (NYSE:BG) defies analysts with a current price ($86.06) 1.4% above its average consensus price target of $84.90.
Founded in 1818, Bunge is a global agribusiness and food company with operations along the farm-to-consumer food chain. The agribusiness segment generates roughly two thirds of profits and includes the largest oilseed processing capacity globally. The company is a leading oilseed processor and seller of packaged vegetable oils and other food and ingredients products.
Over the past year, Bunge Limited has traded in a range of $32.68 to $86.41 and is now at $86.06, 163% above that low.
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