Ingredion traded at $101.84 this Thursday July 16th, increasing $2.67 or 2.69 percent since the previous trading session. Looking back, over the last four weeks, Ingredion gained 3.04 percent. Over the last 12 months, its price fell by 24.31 percent. Looking ahead, we forecast Ingredion to be priced at 96.69 by the end of this quarter and at 90.75 in one year, according to Trading Economics global macro models projections and analysts expectations.
Ingredion Incorporated is engaged in providing food and industrial ingredient solutions to customers around the world. The Company is principally engaged in the production and sale of starches and sweeteners for a range of industries and is managed geographically on a regional basis. It operates through four segments: North America, South America, Asia-Pacific and Europe, Middle East, and Africa (EMEA). The Company product lines include starches and sweeteners, animal feed products, and edible corn oil. Its starch-based products include both food-grade and industrial starches, and biomaterials. Its sweetener products include glucose syrups, high maltose syrups, high fructose corn syrup, caramel color, dextrose, polyols, maltodextrins, and glucose and syrup solids. The Company's products are derived primarily from the processing of corn and other starch-based materials, such as tapioca, potato, and rice.