# Ingredion Incorporated  Share Price Target ‘$129.60’, now 14.7% Upside Potential

- Link: https://www.directorstalkinterviews.com/ingredion-incorporated-share-price-target-129.60-now-14.7-upside-potential/4121163858
- Published: 2024-07-05T17:01:21+01:00
- Author: Charlotte Edwards

**Ingredion Incorporated** which can be found using ticker (INGR) now have 5 confirmed
analysts covering the stock with the consensus suggesting a rating of ‘buy’. The
target price High/Low ranges between $142.00 and $120.00 calculating the mean target
share price we have $129.60. (at the time of writing). Given that the stocks previous
close was at $112.95 this would imply there is now a potential upside of 14.7%. 
The 50 day MA is $116.06 and the 200 moving average now moves to $108.97. The market
cap for the company is 7.32B. The stock price is currently at: $111.57 USD

 The potential market cap would be $8,403,968,033 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 11.18, revenue per share of $119.95
and a 7.4% 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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