# Ingredion Incorporated – Consensus ‘buy’ rating and 7.9% Upside Potential

- Link: https://www.directorstalkinterviews.com/ingredion-incorporated-consensus-buy-rating-and-7.9-upside-potential/4121175004
- Published: 2024-10-23T15:14:15+01:00
- Author: Charlotte Edwards

**Ingredion Incorporated** which can be found using ticker (INGR) have now 4 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 $158.00 and $128.00
with the average target price sitting at $144.50. Given that the stocks previous
close was at $133.93 and the analysts are correct then we can expect a percentage
increase in value of 7.9%. The day 50 moving average is $134.24 and the 200 moving
average now moves to $120.03. The company has a market cap of 8.74B. Currently the
stock stands at: $134.39 USD

 The potential market cap would be $9,433,662,111 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 13.73, revenue per share of $117.32
and a 7.6% 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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