Bunge Limited (NYSE:BG) Sees Price Target Increase Amid Market Movements

Company Overview - Bunge Limited (NYSE:BG) is a prominent player in the agricultural commodities sector, focusing on soybean processing and cooking oil production [1] - The company has a market capitalization of approximately $19.2 billion [3] Stock Performance - Analysts at Stephens have raised the price target for Bunge to $115 from the current price of $95.33, suggesting a potential upside of 20.63% [1] - BG's stock is currently trading at $95.97, with a daily low of $92.69 and a high of $97.34 [3] - Over the past year, the stock has fluctuated between a low of $67.40 and a high of $98.11 [3] - The trading volume on the NYSE for Bunge is 410,504 shares [3] Market Impact - Following President Donald Trump's statement about potentially halting purchases of Chinese cooking oil, BG shares surged by over 13% [2] - This surge is particularly advantageous for Bunge, as it is one of the largest cooking oil producers globally, contributing to an increase in the S&P 500 index [2]