Scotia Capital Maintains Sector Outperform On Bunge Limited

Scotia Capital is out with a research report on Bunge Limited

and it has a Sector Outperform rating and a $82 price target on shares. In a note to clients, Scotia Capital writes, "Strong results from Agribusiness and Food & Ingredients. Market volatility and strong demand for grains and oilseeds drove solid results in BG's Agribusiness segment. Margins in the edible oil products and milling products segments were better than expected. Sugar and Fertilizer segment results (adjusted) were in line with our expectations." Shares of BG are down $1.37 in pre-market trading to $67.51.