Discussion stirs around Ingredion Incorporated (NYSE:INGR) this week; here is what analysts are saying.

December 8, 2017 - By Peter Erickson

 Discussion stirs around Ingredion Incorporated (NYSE:INGR) this week; here is what analysts are saying.
Investors sentiment increased to 0.95 in Q2 2017. Its up 0.06, from 0.89 in 2017Q1. It improved, as 32 investors sold Ingredion Incorporated shares while 161 reduced holdings. 42 funds opened positions while 142 raised stakes. 59.36 million shares or 0.37% less from 59.58 million shares in 2017Q1 were reported.
Sumitomo Mitsui Asset stated it has 0.01% in Ingredion Incorporated (NYSE:INGR). Moreover, Gam Hldgs Ag has 0.01% invested in Ingredion Incorporated (NYSE:INGR) for 3,038 shares. Oppenheimer Asset Mgmt holds 16 shares. Check Capital Management Incorporated Ca has 431,454 shares. Hermes Invest Mgmt holds 145,894 shares. Prudential Financial holds 0.08% or 455,470 shares. Grace & White New York has 57,220 shares. Maryland-based Chevy Chase Trust Hldgs Inc has invested 0% in Ingredion Incorporated (NYSE:INGR). Dubuque Fincl Bank And Commerce has 250 shares. Wells Fargo & Mn invested in 0.03% or 804,784 shares. First Amer Bank & Trust holds 3,500 shares or 0.03% of its portfolio. Tealwood Asset Management holds 20,285 shares or 0.91% of its portfolio. Schwab Charles Investment Management holds 0.05% or 414,111 shares in its portfolio. Prelude Cap Mngmt Lc holds 0.01% or 1,200 shares in its portfolio. Inv Counselors Of Maryland Limited Liability Company owns 1,778 shares or 0.01% of their US portfolio.

Ingredion Incorporated (NYSE:INGR) Ratings Coverage

Among 7 analysts covering Ingredion Inc (NYSE:INGR), 4 have Buy rating, 1 Sell and 2 Hold. Therefore 57% are positive. Ingredion Inc had 21 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of Ingredion Incorporated (NYSE:INGR) earned “Buy” rating by Jefferies on Wednesday, June 14. The stock of Ingredion Incorporated (NYSE:INGR) has “Buy” rating given on Friday, October 27 by Jefferies. As per Monday, September 14, the company rating was upgraded by Citigroup. Jefferies initiated the shares of INGR in report on Wednesday, December 16 with “Buy” rating. Societe Generale initiated the stock with “Hold” rating in Thursday, September 8 report. The company was maintained on Thursday, June 29 by Jefferies. The rating was maintained by Jefferies on Friday, May 26 with “Buy”. The stock of Ingredion Incorporated (NYSE:INGR) has “Hold” rating given on Monday, June 26 by BMO Capital Markets. Stephens upgraded Ingredion Incorporated (NYSE:INGR) on Friday, January 29 to “Overweight” rating. The rating was maintained by BMO Capital Markets on Wednesday, August 2 with “Hold”. Below is a list of Ingredion Incorporated (NYSE:INGR) latest ratings and price target changes.

15/11/2017 Broker: Stephens Old Rating: Equal-Weight New Rating: Overweight Upgrade
02/11/2017 Broker: Credit Suisse Rating: Buy New Target: $145.0 Maintain
27/10/2017 Broker: Jefferies Rating: Buy New Target: $145.0 Maintain
27/09/2017 Broker: BMO Capital Markets Rating: Hold New Target: $125.0 Maintain
25/09/2017 Broker: Jefferies Rating: Buy New Target: $145.0 Maintain
02/08/2017 Broker: BMO Capital Markets Rating: Hold New Target: $125.0000 Maintain
29/06/2017 Broker: Jefferies Rating: Buy New Target: $145.0000 Maintain
26/06/2017 Broker: BMO Capital Markets Rating: Hold New Target: $125.0000 Maintain
14/06/2017 Broker: Jefferies Rating: Buy New Target: $145.0000 Maintain

The stock increased 0.06% or $0.09 during the last trading session, reaching $139.25. About 282,681 shares traded. Ingredion Incorporated (NYSE:INGR) has declined 2.30% since December 8, 2016 and is downtrending. It has underperformed by 19.00% the S&P500.

Ingredion Incorporated, together with its subsidiaries, produces and sells starches and sweeteners for various industries. The company has market cap of $10.01 billion. The firm operates through four divisions: North America, South America, Asia Pacific and Europe, and Middle East and Africa. It has a 19.96 P/E ratio. It offers sweetener products comprising glucose syrups, high maltose syrups, high fructose corn syrups, caramel colors, dextrose, polyols, maltodextrins and glucose, and syrup solids, as well as food-grade and industrial starches, and biomaterials.

Another recent and important Ingredion Incorporated (NYSE:INGR) news was published by Seekingalpha.com which published an article titled: “Ingredion: Looking Attractive After Share Price Declines” on September 25, 2017.

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