Glencore's Viterra In Talks To Merge With Bunge

Glencore's Viterra is talking with US company Bunge Ltd about merging. This news has made shares go up and things look positive. The discussions are still early on and both companies are talking about how the deal could work. This is interesting because Bunge said before that they weren't interested in merging. Glencore really wants to have more power in the Americas, and they tried to buy Bunge in 2017 too.

BG Stock: Low P/E And Price/Sales Ratio, Undervalued

BG stock opened lower on May 25, 2023 at 89.67. The day's range was between 88.92 and 99.61 with 1,969,886 shares traded. The market cap for BG was $13.6B and their P/E ratio was 9.3. The stock was undervalued based on its price/sales ratio of 0.23. BG operates in the agricultural commodities and milling industry and is headquartered in St. Louis, Missouri. However, there were no executives to display.

Bunge Ltd's Strong Finances & Positive Outlook

The Bunge Ltd (BG) stock had an estimated target price of $125 on May 25. Eleven analysts gave their 12-month price forecasts. The high estimate was $161 and the low estimate was $105. This meant a 31.94% increase from the last price of $94.74.

12 investment analysts said to buy stock from Bunge Ltd. They said this since April, and they didn't change their minds. This means investors think the company will do well in the future.

Bunge Ltd made $2.73 per share this quarter. They had $16.6 billion in sales. The report came out on July 26. The company did well this quarter. Sales and earnings were strong.

Bunge Ltd looks like it will do well soon. Experts and their finances show this. People who want to invest should pay attention to these things.

Yasmine wants to find new ideas that can make a big impact. She studied finance and has a MBA. She also passed two tests - the CFA and CMT.