# Ingredion Incorporated – Consensus ‘buy’ rating and 23.4% Upside Potential

- Link: https://www.directorstalkinterviews.com/ingredion-incorporated-consensus-buy-rating-and-23.4-upside-potential/4121127593
- Published: 2023-09-19T13:58:23+01:00
- Author: Charlotte Edwards

**Ingredion Incorporated** with ticker code (INGR) now have 5 market analysts covering
the stock. The analyst consensus now points to a rating of ‘buy’. The target price
High/Low ranges between 132 and 113 calculating the average target price we see 
$122.00. Given that the stocks previous close was at $98.86 this would indicate 
that there is a potential upside of 23.4%. The day 50 moving average is $104.34 
while the 200 day moving average is $102.97. The market capitalization for the company
is 6.59B. The stock price is currently at: 99.66 USD

 The potential market cap would be $8,134,426,527 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 11.63, revenue per share of 124.49
and a 7.33% return on assets.

Ingredion Incorporated is a global ingredients solutions provider that transforms
corn, tapioca, potatoes, stevia, grains, fruits and vegetables into value-added 
ingredients and biomaterials for the food, beverage, brewing and other industries.
It operates through four segments: North America, South America, Asia-Pacific, and
Europe, Middle East and Africa (EMEA). It develops, produces, and sells a variety
of food and beverage ingredients, primarily starches and sweeteners, for various
industries. Its product lines include starches and sweeteners, animal feed products
and edible corn oil. Its starch-based products include both food-grade and industrial
starches, as well as biomaterials. Its sweetener products include glucose syrups,
high maltose syrups, high fructose corn syrup, caramel color, dextrose, polyols,
maltodextrins, and glucose and syrup solids. Its products are derived primarily 
from the processing of corn and other starch-based materials, such as tapioca, potato
and rice.

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