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Goldman Sachs Starts Bunge (BG) at Sell

December 13, 2011 11:35 AM EST
Get Alerts BG Hot Sheet
Price: $105.42 --0%

Rating Summary:
    18 Buy, 7 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 15 | Down: 13 | New: 16
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Earlier, Goldman Sachs initiated coverage on Bunge (NYSE: BG) with a Sell rating and $55 price target.

The firm sees a challenging year for US soybean processors on demand weakness, tight soybean supplies, and sub-par utilization rates.

For an analyst ratings summary and ratings history on Bunge click here. For more ratings news on Bunge click here.

Shares of Bunge closed at $60.98 yesterday.


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