HSBC believes that Bunge is attractively valued at 9.4 times...
HSBC believes that Bunge is attractively valued at 9.4 times price-to-earnings ratio, an 18% discount to its 11.5 times historical average next-12-month price-to-earnings ratio. The firm sees potential for crush spreads to recover and earnings to surprise.
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
Read more