Barclays Maintains Equal-Weight on Ingredion, Raises Price Target to $122
$INGR
Packaged Foods
Consumer Staples
Barclays analyst Benjamin Theurer maintains Ingredion (NYSE:INGR) with a Equal-Weight and raises the price target from $115 to $122.
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/9/2024 | $122.00 → $145.00 | Equal Weight → Overweight | Barclays |
| 2/15/2024 | $122.00 → $135.00 | Neutral → Buy | Goldman |
| 9/29/2023 | $120.00 | Outperform | Oppenheimer |
| 4/14/2023 | $115.00 | Market Perform | BMO Capital Markets |
| 4/13/2023 | $105.00 → $121.00 | Neutral → Buy | UBS |
| 1/23/2023 | $105.00 → $110.00 | Overweight → Equal Weight | Barclays |
| 1/17/2023 | $100.00 → $120.00 | Equal-Weight → Overweight | Stephens |
| 9/30/2022 | $89.00 | Neutral | UBS |
WESTCHESTER, Ill., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE:INGR), a leading global provider of ingredient solutions for food, beverage and industrial applications, and Lantmännen announce a new long-term collaboration. Lantmännen is an agricultural cooperative and Northern Europe's leading player in agriculture, bioenergy, food and ingredients. The collaboration will begin with the fulfillment of European market needs for competitive, sustainably sourced, and high quality pea protein isolates and various facets of sales, product innovation, and process enhancement. Lantmännen will invest more than 100 million euros in a state-of–the-art factory in Sweden, while part
WESTCHESTER, Ill., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE:INGR), a leading global provider of ingredient solutions to the food and beverage industry, today announced the appointment of Mark Karns as vice president, corporate development and M&A, effective December 2, 2024. Karns will serve as a member of the executive leadership team and will report to Jim Zallie, president and chief executive officer. Karns' role will lead a combined corporate strategy and M&A function to align and optimize Ingredion's strategic growth agenda while driving the execution of M&A projects across the company. "Mark is an experienced leader who has driven enterprise-wide impacts throu
Third quarter 2024 reported and adjusted* operating income increased 26% and 29% compared to prior yearThird quarter 2024 reported and adjusted EPS were $2.83 and $3.05, an increase of 20% and 31%, respectivelyRaising guidance for full-year reported EPS to be in the range of $10.60 to $10.90 and adjusted EPS to be in the range of $10.35 to $10.65 WESTCHESTER, Ill., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE:INGR), a leading global provider of ingredient solutions to the food and beverage manufacturing industry, today reported its 2024 third quarter results. "Texture & Healthful Solutions exhibited robust sales volume growth in the third quarter, which supported do
Third quarter 2024 reported and adjusted* operating income increased 26% and 29% compared to prior yearThird quarter 2024 reported and adjusted EPS were $2.83 and $3.05, an increase of 20% and 31%, respectivelyRaising guidance for full-year reported EPS to be in the range of $10.60 to $10.90 and adjusted EPS to be in the range of $10.35 to $10.65 WESTCHESTER, Ill., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE:INGR), a leading global provider of ingredient solutions to the food and beverage manufacturing industry, today reported its 2024 third quarter results. "Texture & Healthful Solutions exhibited robust sales volume growth in the third quarter, which supported do
WESTCHESTER, Ill., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE:INGR), a leading global provider of ingredient solutions to the food manufacturing industry, will release its 2024 third quarter financial results for the period ended September 30, 2024, before the market opens Tuesday, November 5, 2024. Jim Zallie, president and chief executive officer and Jim Gray, executive vice president and chief financial officer, will host a conference call November 5th at 8 a.m. CT to discuss the Company's financial performance. The conference call and accompanying slide presentation will be webcast live at https://ir.ingredionincorporated.com/events-and-presentations. Participant
WESTCHESTER, Ill., Aug. 27, 2024 (GLOBE NEWSWIRE) -- The board of directors of Ingredion Incorporated (NYSE:INGR) declared a quarterly dividend of $0.80 per share on the Company's common stock. The dividend is payable on Oct. 22, 2024, to stockholders of record at the close of business on Oct. 1, 2024. This is the tenth consecutive year Ingredion's board approved a quarterly dividend increase in the third quarter. About the CompanyIngredion Incorporated (NYSE:INGR), headquartered in the suburbs of Chicago, is a leading global ingredient solutions provider serving customers in nearly 120 countries. With 2023 annual net sales of approximately $8 billion, the Company turns grains, fruits, ve
8-K - Ingredion Inc (0001046257) (Filer)
10-Q - Ingredion Inc (0001046257) (Filer)
8-K - Ingredion Inc (0001046257) (Filer)
Ingredion Incorporated (NYSE:INGR), a global provider of specialty ingredients and innovation leader in plant-based sugar reduction, today announced food safety authorities in the United Kingdom have provided expedited approval for the use of PureCircle™ by Ingredion's steviol glycosides produced from bioconversion. This approval greatly increases access to the stevia leaf's best tasting molecules for food and beverage products
Analysts' ratings for Ingredion (NYSE:INGR) over the last quarter vary from bullish to bearish, as provided by 4 analysts. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 0 2 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 2 0 1 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $128.0, along with a high estimate of $135.00 and a low estimate of $120.00. Surpassing the previous average price target o
SC 13G/A - Ingredion Inc (0001046257) (Subject)
SC 13G/A - Ingredion Inc (0001046257) (Subject)
SC 13G/A - Ingredion Inc (0001046257) (Subject)
Barclays upgraded Ingredion from Equal Weight to Overweight and set a new price target of $145.00 from $122.00 previously
Goldman upgraded Ingredion from Neutral to Buy and set a new price target of $135.00 from $122.00 previously
Oppenheimer initiated coverage of Ingredion with a rating of Outperform and set a new price target of $120.00
4 - Ingredion Inc (0001046257) (Issuer)
4 - Ingredion Inc (0001046257) (Issuer)
4 - Ingredion Inc (0001046257) (Issuer)
WESTCHESTER, Ill., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE:INGR), a leading global provider of ingredient solutions to the food and beverage industry, today announced the appointment of Mark Karns as vice president, corporate development and M&A, effective December 2, 2024. Karns will serve as a member of the executive leadership team and will report to Jim Zallie, president and chief executive officer. Karns' role will lead a combined corporate strategy and M&A function to align and optimize Ingredion's strategic growth agenda while driving the execution of M&A projects across the company. "Mark is an experienced leader who has driven enterprise-wide impacts throu
WESTCHESTER, Ill., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE:INGR), a leading global provider of ingredient solutions to the food and beverage industry, invites the investment community to join Texture Innovation Day via webcast on November 14, 2024. This novel event will explore the vital role of texture in creating memorable food experiences for consumers and demonstrate how texture solutions drive innovation through functional, taste and affordability benefits. This live event will be broadcast from Ingredion's Idea Labs® Global Innovation Center in Bridgewater, New Jersey. The presentation will begin at 9 a.m. (ET) and is expected to end at approximately 10:30 a.m
WESTCHESTER, Ill., April 15, 2024 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE:INGR), a leading global provider of ingredient solutions to the food and beverage industry, today announced the appointment of Dr. Michael Leonard to the role of senior vice president, chief innovation officer and head of protein fortification, effective May 13, 2024. Leonard will serve as a member of the Company's executive leadership team and will report to Jim Zallie, president and chief executive officer. Over his 21-year career, Leonard has led product development and commercialization across multiple food and beverage categories in domestic and global markets, with a focus on the Asia-Pacific region w