# Ingredion Incorporated  Share Price Target ‘$127.83’, now 9.7% Upside Potential

- Link: https://www.directorstalkinterviews.com/ingredion-incorporated-share-price-target-127.83-now-9.7-upside-potential/4121148579
- Published: 2024-03-22T14:18:00+00:00
- Author: Charlotte Edwards

**Ingredion Incorporated** which can be found using ticker (INGR) have now 6 market
analysts covering the stock. The analyst consensus now points to a rating of ‘buy’.
The target price High/Low ranges between $138.00 and $117.00 calculating the mean
target share price we have $127.83. (at the time of writing). Given that the stocks
previous close was at $116.57 and the analysts are correct then we can expect a 
percentage increase in value of 9.7%. The 50 day MA is $112.73 and the 200 day MA
is $105.21. The total market capitalization for the company now stands at 7.61B.
The stock price is currently at: $116.08 USD

 The potential market cap would be $8,345,765,935 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 12.09, revenue per share of $123.64
and a 7.9% 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.

Share on: