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Bunge Limited (BG): The Winning Streak Continues

Shares of Bunge Limited (NYSE:BG) traded at a new 12-month high today of $103.65. This new high was reached on below average trading volume as 219,000 shares traded hands, while the average 30-day volume is approximately 1.3 million shares.

Bunge Limited is currently priced 1.3% above its average consensus analyst price target of $101.31.

Over the past year, Bunge Limited has traded in a range of $71.73 to $103.65 and is now at $102.59, 43% above that low.

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.

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