BUZZ-J.P. Morgan assumes coverage of agricultural commodities traders ADM and Bunge

Reuters

Aug 20, 2025

BUZZ-J.P. Morgan assumes coverage of agricultural commodities traders ADM and Bunge

** J.P. Morgan assumes coverage of Archer-Daniels-Midland ADM.N and Bunge Global BG.N, with "neutral" and "overweight" ratings respectively

** New PT of $61 for ADM represents a 1.7% upside to the stock's last closing price on Tuesday

** Brokerage says there will be potential earnings upside over the next couple of years versus consensus estimates, but not enough at this time to warrant a more positive rating

** Expects earnings to be lifted by crushing and nutrition margins; says pressure persists in refined products, and agriculture services uncertain amid trade tensions

** New PT of $95 for BG represents a ~19% upside to stock's last close

** Brokerage expects BG's earnings to progressively benefit from more favorable biofuel policies in the U.S., capital deployments, Viterra-related synergies, and an eventual normalization of merchandising profits

** Including session's moves, ADM and BG up 18.7% and 4% YTD respectively

(Reporting by Sumit Saha in Bengaluru)

((Sumit.Saha@thomsonreuters.com;))

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Morgan assumes coverage of agricultural commodities traders ADM and Bunge\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-08-20 22:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-J.P. Morgan assumes coverage of agricultural commodities traders ADM and Bunge</title></head><body><p>** J.P. Morgan assumes coverage of Archer-Daniels-Midland <span>ADM.N</span> and Bunge Global <span>BG.N</span>, with \"neutral\" and \"overweight\" ratings respectively</p><p>** New PT of $61 for ADM represents a 1.7% upside to the stock's last closing price on Tuesday</p><p>** Brokerage says there will be potential earnings upside over the next couple of years versus consensus estimates, but not enough at this time to warrant a more positive rating</p><p>** Expects earnings to be lifted by crushing and nutrition margins; says pressure persists in refined products, and agriculture services uncertain amid trade tensions</p><p>** New PT of $95 for BG represents a ~19% upside to stock's last close</p><p>** Brokerage expects BG's earnings to progressively benefit from more favorable biofuel policies in the U.S., capital deployments, Viterra-related synergies, and an eventual normalization of merchandising profits</p><p>** Including session's moves, ADM and BG up 18.7% and 4% YTD respectively</p><p>(Reporting by Sumit Saha in Bengaluru)</p><p>((Sumit.Saha@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0471298694.HKD","symbol_name":"BGF NUTRITION \"A2\" (HKD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250820:nL4N3UC0YL:1","article_id":"2560104638","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2560104638","pubTimestamp":1755699006,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-J.P. Morgan assumes coverage of agricultural commodities traders ADM and Bunge** J.P. 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Morgan assumes coverage of agricultural commodities traders ADM and Bunge** J.P. Morgan assumes coverage of Archer-Daniels-Midland ADM.N and Bunge Global BG.N, with \"neutral\" and \"overweight\" ratings respectively** New PT of $61 for ADM represents a 1.7% upside to the stock's last closing price on Tuesday** Brokerage says there will be potential earnings upside over the next couple of years versus consensus estimates, but not enough at this time to warrant a more positive rating** Expects earnings to be lifted by crushing and nutrition margins; says pressure persists in refined products, and agriculture services uncertain amid trade tensions** New PT of $95 for BG represents a ~19% upside to stock's last close** Brokerage expects BG's earnings to progressively benefit from more favorable biofuel policies in the U.S., capital deployments, Viterra-related synergies, and an eventual normalization of merchandising profits** Including session's moves, ADM and BG up 18.7% and 4% YTD respectively(Reporting by Sumit Saha in Bengaluru)((Sumit.Saha@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}