NEW YORK ( TheStreet) -- CF Industries Holdings ( CF), Agrium ( AGU), Potash Corporation of Saskatchewan ( POT) and Bunge ( BG) are among eight agriculture stocks with potential upside of up to 28%, based on analysts price targets. Being analysts' favorites, most of these stocks have no sell ratings.
8. Bunge ( BG) is a global agribusiness and food company operating in the farm-to-consumer food chain. It conducts its business in four divisions: agribusiness, sugar and bioenergy, food and ingredients and fertilizer.

During the first quarter ended March 2011, net sales rose 17.9% to $12.2 billion from $10.3 billion, driven by a 22.2% increase in revenue from agribusiness. Total volumes, however, declined 8% to 29.3 million tons. Subsequently, net income soared to $224 million, or $1.49 per share, as opposed to $44 million, or 31 cents per share, a year ago.

The company recently declared a regular quarterly cash dividend of 23 cents per share payable on June 2, 2011 to stockholders of record on May 19, 2011.

Of the 14 analysts covering the stock, 43% recommend buying it, while 50% rate it a hold. On average, analysts foresee 5% upside to $78.11 in value from current levels.

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