# Ingredion Incorporated – Consensus ‘buy’ rating and 29.7% Upside Potential

- Link: https://www.directorstalkinterviews.com/ingredion-incorporated-consensus-buy-rating-and-29.7-upside-potential/4121129716
- Published: 2023-10-13T13:47:52+01:00
- Author: Charlotte Edwards

**Ingredion Incorporated** with ticker code (INGR) now have 6 analysts in total 
covering the stock. The consensus rating is pointing to ‘buy’. The range between
the high target price and low target price is between 132 and 113 calculating the
mean target price we have $121.67. Now with the previous closing price of $93.82
this would indicate that there is a potential upside of 29.7%. The 50 day MA is 
$99.74 and the 200 day MA is $102.80. The market cap for the company is 6.03B. The
current share price for the company is: 91.23 USD

 The potential market cap would be $7,825,148,755 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 10.65, 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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