Ingredion (INGR) Stock Forecast, Price Target & Predictions
INGR Stock Forecast
Ingredion (INGR) stock forecast, based on 14 Wall Street analysts, predicts a 12-month average price target of $140.00, with a high of $147.00 and a low of $128.00. This represents a 2.44% increase from the last price of $136.67.
INGR Stock Rating
Ingredion stock's rating consensus is Buy, based on 14 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 7 Buy (50.00%), 7 Hold (50.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Buy
INGR Forecast vs Benchmarks
Type | Name | Upside |
---|---|---|
Stock | Ingredion | 2.44% |
Sector | Consumer Defensive Stocks | 12.48% |
Industry | Packaged Foods Stocks | 19.23% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 7 |
Avg Price Target | - | - | $134.14 |
Last Closing Price | $136.67 | $136.67 | $136.67 |
Upside/Downside | - | - | -1.85% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Jan, 25 | 1 | 2 | 3 | - | - | 6 |
Dec, 24 | 1 | 2 | 3 | - | - | 6 |
Nov, 24 | 3 | 2 | 3 | 1 | - | 9 |
Oct, 24 | 3 | 4 | 3 | 1 | - | 11 |
Sep, 24 | 3 | 4 | 3 | 1 | - | 11 |
Latest Price Target by Analysts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Oct 21, 2024 | Kristen Owen | Oppenheimer | $147.00 | $134.12 | 9.60% | 7.56% |
Aug 09, 2024 | Benjamin Theurer | Barclays | $145.00 | $126.76 | 14.39% | 6.09% |
Aug 07, 2024 | Andrew Strelzik | BMO Capital | $128.00 | $126.37 | 1.29% | -6.34% |
Aug 07, 2024 | Kristen Owen | Oppenheimer | $138.00 | $126.37 | 9.20% | 0.97% |
May 09, 2024 | Andrew Strelzik | BMO Capital | $120.00 | $118.10 | 1.61% | -12.20% |
May 08, 2024 | Kristen Owen | Oppenheimer | $126.00 | $118.45 | 6.37% | -7.81% |
Feb 15, 2024 | Adam Samuelson | Goldman Sachs | $135.00 | $114.91 | 17.48% | -1.22% |
Sep 29, 2023 | Kristen Owen | Oppenheimer | $120.00 | $98.46 | 21.88% | -12.20% |
Latest Upgrade/Downgrade by Analysts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Oct 21, 2024 | Oppenheimer | Outperform | Outperform | hold |
Aug 09, 2024 | Barclays | Equal-Weight | Overweight | upgrade |
Aug 07, 2024 | BMO Capital | Market Perform | Market Perform | hold |
Aug 07, 2024 | Oppenheimer | Outperform | Outperform | hold |
May 09, 2024 | BMO Capital | Market Perform | Market Perform | hold |
May 08, 2024 | Oppenheimer | Outperform | Outperform | hold |
Mar 06, 2024 | Stephens | Buy | Buy | hold |
Nov 01, 2023 | Barclays | Equal-Weight | Equal-Weight | hold |
Apr 13, 2023 | Citigroup | Buy | upgrade | |
Apr 25, 2022 | Credit Suisse | Neutral | downgrade |
Financial Forecast
EPS Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
---|---|---|---|---|---|---|---|---|
Reported | $5.18 | $1.74 | $7.43 | $9.74 | - | - | - | - |
Avg Forecast | $5.95 | $6.86 | $7.25 | $9.32 | $10.57 | $11.19 | $11.65 | $10.88 |
High Forecast | $5.88 | $6.78 | $7.19 | $9.31 | $10.55 | $11.10 | $10.82 | $10.81 |
Low Forecast | $6.02 | $6.94 | $7.41 | $9.33 | $10.58 | $11.27 | $12.30 | $10.99 |
Surprise % | -12.94% | -74.64% | 2.48% | 4.51% | - | - | - | - |
Revenue Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
---|---|---|---|---|---|---|---|---|
Reported | $5.99B | $6.89B | $7.95B | $8.16B | - | - | - | - |
Avg Forecast | $5.96B | $6.89B | $8.00B | $8.31B | $7.49B | $7.58B | $7.71B | $7.75B |
High Forecast | $5.91B | $6.82B | $7.94B | $8.27B | $7.46B | $7.55B | $7.70B | $7.72B |
Low Forecast | $6.01B | $6.95B | $8.13B | $8.37B | $7.55B | $7.64B | $7.73B | $7.81B |
Surprise % | 0.40% | 0.11% | -0.62% | -1.77% | - | - | - | - |
Net Income Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
---|---|---|---|---|---|---|---|---|
Reported | $348.00M | $117.00M | $492.00M | $643.00M | - | - | - | - |
Avg Forecast | $312.64M | $459.72M | $424.59M | $643.00M | $707.76M | $749.13M | $741.50M | $730.22M |
High Forecast | $250.12M | $453.99M | $339.67M | $514.40M | $706.76M | $743.43M | $724.75M | $724.37M |
Low Forecast | $375.17M | $464.91M | $509.51M | $771.60M | $708.76M | $754.83M | $824.37M | $736.08M |
Surprise % | 11.31% | -74.55% | 15.88% | - | - | - | - | - |