What Analysts Are Saying About Ingredion Stock
Portfolio Pulse from Benzinga Insights
Analysts have provided a range of ratings for Ingredion (NYSE:INGR) over the past three months, with a mix of bullish and somewhat bullish sentiments. The average 12-month price target has increased by 9.12% to $141.2. Recent analyst actions include raised ratings and price targets from firms like Oppenheimer, UBS, Barclays, and BMO Capital. Despite revenue challenges, Ingredion maintains strong financial metrics such as net margin, ROE, and ROA.
October 21, 2024 | 6:01 pm
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POSITIVE IMPACT
Ingredion has received mixed analyst ratings, with a recent increase in the average 12-month price target to $141.2, reflecting a 9.12% rise. Analysts from Oppenheimer, UBS, Barclays, and BMO Capital have raised their ratings and price targets. Despite a recent revenue decline, Ingredion's strong financial metrics like net margin, ROE, and ROA support a positive outlook.
The increase in the average price target and the raised ratings from multiple analysts suggest a positive short-term outlook for Ingredion. The company's strong financial metrics, despite recent revenue challenges, further support this positive sentiment. The mixed ratings indicate some caution, but the overall trend is upward.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100