Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $72.55 on Bunge Limited (NYSE:BG) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $5.35 for the next fiscal and $N/A for underway quarter.
Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Bunge Limited (NYSE:BG) stands at 12.51.
Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Bunge Limited Bunge Limited, the PEG ratio for coming 3-5 years is 1.27.
The technical analysis highlights that Bunge Limited Bunge Limited current is trading $2.82 points away or +4.54% from its 50-day moving average of $62.11. Further it is trading $5.52 or +9.28% away its 200-day moving average of $59.41.
The 52-week high of Bunge Limited (NYSE:BG) was $79.87 while lowest point recorded in 52-week was $46.08. It implies if stock price makes a movement of over $-14.94, it will record a new 52-week high. In the case of +40.91% drop, it will touch a new 52-week low.
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