# Ingredion Incorporated – Consensus ‘buy’ rating and 32.3% Upside Potential

- Link: https://www.directorstalkinterviews.com/ingredion-incorporated-consensus-buy-rating-and-32.3-upside-potential/4121130897
- Published: 2023-10-26T12:40:15+01:00
- Author: Charlotte Edwards

**Ingredion Incorporated** with ticker code (INGR) now have 6 confirmed analysts
covering the stock with the consensus suggesting a rating of ‘buy’. The range between
the high target price and low target price is between 132 and 113 suggesting an 
average Analsyt target price of $121.67. Given that the stocks previous close was
at $91.96 this would indicate that there is a potential upside of 32.3%. It’s also
worth noting that there is a 50 day moving average of $97.73 while the 200 day moving
average is $102.52. The market cap for the company is 6.13B. The stock price for
the company is currently 92.64 USD

 The potential market cap would be $8,106,808,656 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 10.81, 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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